Author: John Williamson
Publisher: Princeton University International Finance Section, Department of Econmics
Published: 1998
Total Pages: 86
ISBN-13:
DOWNLOAD EBOOK →Author: Philip Arestis
Publisher: Springer
Published: 2016-11-26
Total Pages: 384
ISBN-13: 3319412191
DOWNLOAD EBOOK →This book is the thirteenth volume in the International Papers in Political Economy (IPPE) series which explores the latest developments in political economy. A collection of eight papers, the book concentrates on the deregulation of domestic financial markets and discusses financial liberalisation in terms of its past performance, current progress and future developments. The chapters have been written by expert contributors in the field and focus on topics such as past records of financial liberalisation, future policies of regulation, and current account imbalances. Other papers examine capital account regulations in developing and emerging countries, and capital controls in the Eurozone after the 2007 financial crisis. This collection of papers invites readers to consider the impact of financial liberalisation both during and after the global economic crisis. Scholars and students with an interest in political economy, financialisation, and economic performance will find this collection stimulating and informative.
Author: Alexander Boni
Publisher: GRIN Verlag
Published: 2011-03-07
Total Pages: 13
ISBN-13: 3640851587
DOWNLOAD EBOOK →Essay from the year 2010 in the subject Economics - Economic Cycle and Growth, grade: 84, University of Exeter (Business School), course: Economics - Growth & Development, language: English, abstract: An examination of neoclassical and endogenous growth theories and their theoretical implications on pursuing policies of domestic financial liberalisation and global financial harmonisation. This essay determines what circumstances are required or are desirable when opening up a national economy to liberalise its domestic financial industry and integrate that industry with the rest of the world.
Author: P. Arestis
Publisher: Springer
Published: 2008-07-24
Total Pages: 231
ISBN-13: 0230227740
DOWNLOAD EBOOK →This book discusses the relationship between financial liberalization, financial deepening and economic performance from both a theoretical and a policy perspective, comparing several 'big' emerging countries: Argentina, Brazil, China, India, Russia, South Africa and India, amongst others.
Author: P. Arestis
Publisher: Springer
Published: 2005-09-08
Total Pages: 172
ISBN-13: 0230522386
DOWNLOAD EBOOK →The financial liberalization thesis emerged in the 1970s and has been of considerable importance ever since, not merely in terms of its theoretical influence but, perhaps more importantly, in terms of its impact on policy makers and policy debates. Although it has encountered increasing scepticism over the years, it nevertheless had a relatively early impact on development policy, which still continues unabated, through the work of the IMF and the World Bank. The latter two institutions, perhaps in their traditional role as promoters of what were claimed to be free market conditions, were keen to encourage financial liberalization policies as part of more general reforms or stabilization programmes. This book explores what we have learned from the vast experience of the theoretical and policy aspects of the financial liberalization.
Author: Christina Stahn
Publisher:
Published: 2000
Total Pages: 272
ISBN-13:
DOWNLOAD EBOOK →The focus of this study is to identify similarities and differences of monetary policy in Korea, Indonesia, Malaysia, Chile, Argentina, and Mexico following diverging financial liberalization strategies. The evolution of monetary transmission channels, targets and instruments is examined in connection with the timing and sequencing of financial reforms. Money demand functions are analyzed with respect to stability, causality, and structural breaks. It is shown that the gradual (Asian) liberalization strategy affected monetary policy in a different way than the big-bang (Latin American) approach. Constraints on monetary management are imposed by complex monetary transmission channels changing in view of financial sector crises, alterations in exchange rate regimes, and the increasing globalization of financial markets.
Author: Trevor M. Sikorski
Publisher: World Bank Publications
Published: 1996
Total Pages: 31
ISBN-13: 0928064220
DOWNLOAD EBOOK →Author: Tim Niepel
Publisher: GRIN Verlag
Published: 2015-06-03
Total Pages: 43
ISBN-13: 3656972532
DOWNLOAD EBOOK →Master's Thesis from the year 2013 in the subject Business economics - Investment and Finance, grade: 1,5, Utrecht University (Utrecht School of Economics), language: English, abstract: Financial liberalization stimulates competition and thereby supposedly increases the efficiency of investment. A simple credit market model is developed to show that such efficiency improvements may be disturbed by competition-induced incentives for banks to accept higher default rates, which result in instability of the financial system. Thereby we offer a complementary explanation to the relationship between competition and stability in financial markets. Consequently we argue that government intervention, in the form of intelligent regulation, is necessary to ensure the development of sustainable financial markets.
Author: Prema-chandra Athukorala
Publisher: World Bank Publications
Published: 1991
Total Pages: 60
ISBN-13:
DOWNLOAD EBOOK →The main finding of the study is the domestic financial market plays a very significant role in the success or failure of trade liberalization. This was found to be the case in Sri Lanka during 1977-87.