This book examines the analytical basis and practical experience of financial reforms in a number of primarily developing countries. A key finding is that financial reforms have led to improved resource allocation - an a priori belief not hitherto tested. This finding is consistent with the argument...

Ausführliche Beschreibung

Bibliographische Detailangaben

Weitere Verfasser:	Caprio, Gerard (HerausgeberIn), Atiyas, Izak (HerausgeberIn), Hanson, James A (HerausgeberIn)
Format:	Elektronisch E-Book
Sprache:	English
Veröffentlicht:	Cambridge Cambridge University Press 1994
Schlagworte:	Geschichte 1970-1992 Entwicklungsländer Finance / Developing countries / Case studies Reform Finanzreform Kreditwesen Fallstudiensammlung
Online-Zugang:	BSB01 UBG01 Volltext
Zusammenfassung:	This book examines the analytical basis and practical experience of financial reforms in a number of primarily developing countries. A key finding is that financial reforms have led to improved resource allocation - an a priori belief not hitherto tested. This finding is consistent with the argument that efforts in developing countries to maximize efficiency resource utilization cannot be underestimated in their importance. There are three key lessons that suggest the crucial nature of managing the process rather than adopting a laissez-faire approach. First, more successful reform must take account of information capital; second, initial conditions in balance sheets, human and information capital, and incentive systems are fundamental in determining how to go about reform; and third, that different sequences of reforms can be tolerated and, with certain preconditions, do well
Beschreibung:	Title from publisher's bibliographic system (viewed on 14 Jan 2016)
Beschreibung:	1 online resource (xvii, 470 pages)
ISBN:	9780511571879
DOI:	10.1017/CBO9780511571879