Financial Indicators and Financial Change in Africa and Asia:
Deregulation of the financial system often proceeds in tandem with macroeconomic stabilization centered on monetary and other financial targets. This paper presents a model where there may be conflict between these processes. The indicator properties of some financial variables may be rendered unsta...
Gespeichert in:
1. Verfasser: | |
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Washington, D.C
International Monetary Fund
1995
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Schriftenreihe: | IMF Working Papers
Working Paper No. 95/123 |
Online-Zugang: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext |
Zusammenfassung: | Deregulation of the financial system often proceeds in tandem with macroeconomic stabilization centered on monetary and other financial targets. This paper presents a model where there may be conflict between these processes. The indicator properties of some financial variables may be rendered unstable by the liberalization process. However, other, carefully selected financial aggregates may contain information about economic activity that is useful to policy makers during stabilization. Data from a group of selected African and Asian countries is examined. These are broadly consistent with the predictions of the model, while highlighting the importance of macroeconomic and financial stability for the success of financial reforms |
Beschreibung: | 1 Online-Ressource (54 p) |
ISBN: | 1451854552 9781451854558 |
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spelling | Pill, Huw Verfasser aut Financial Indicators and Financial Change in Africa and Asia Pill, Huw Washington, D.C International Monetary Fund 1995 1 Online-Ressource (54 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 95/123 Deregulation of the financial system often proceeds in tandem with macroeconomic stabilization centered on monetary and other financial targets. This paper presents a model where there may be conflict between these processes. The indicator properties of some financial variables may be rendered unstable by the liberalization process. However, other, carefully selected financial aggregates may contain information about economic activity that is useful to policy makers during stabilization. Data from a group of selected African and Asian countries is examined. These are broadly consistent with the predictions of the model, while highlighting the importance of macroeconomic and financial stability for the success of financial reforms Online-Ausg Pradhan, Mahmood Sonstige oth http://elibrary.imf.org/view/IMF001/02352-9781451854558/02352-9781451854558/02352-9781451854558.xml Verlag URL des Erstveröffentlichers Volltext |
spellingShingle | Pill, Huw Financial Indicators and Financial Change in Africa and Asia |
title | Financial Indicators and Financial Change in Africa and Asia |
title_auth | Financial Indicators and Financial Change in Africa and Asia |
title_exact_search | Financial Indicators and Financial Change in Africa and Asia |
title_exact_search_txtP | Financial Indicators and Financial Change in Africa and Asia |
title_full | Financial Indicators and Financial Change in Africa and Asia Pill, Huw |
title_fullStr | Financial Indicators and Financial Change in Africa and Asia Pill, Huw |
title_full_unstemmed | Financial Indicators and Financial Change in Africa and Asia Pill, Huw |
title_short | Financial Indicators and Financial Change in Africa and Asia |
title_sort | financial indicators and financial change in africa and asia |
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