Financial Liberalization: How Far, How Fast?

Hardback

Main Details

Title Financial Liberalization: How Far, How Fast?
Authors and Contributors      Edited by Gerard Caprio, Jr.
Edited by Patrick Honohan
Edited by Joseph E. Stiglitz
Physical Properties
Format:Hardback
Pages:320
Dimensions(mm): Height 229,Width 152
Category/GenreInternational finance
Development economics
Banking
International business
ISBN/Barcode 9780521803694
ClassificationsDewey:332.042
Audience
Professional & Vocational
Illustrations 63 Tables, unspecified; 48 Line drawings, unspecified

Publishing Details

Publisher Cambridge University Press
Imprint Cambridge University Press
Publication Date 8 October 2001
Publication Country United Kingdom

Description

The goal of this volume is to bring a more broad-based empirical experience than has been customary to the theoretical debate on how financial systems should be managed. This is achieved not only with cross-country economic studies, but also with an account of carefully chosen and widely contrasting country cases, drawn from Europe, Latin America, Africa, East and South Asia, and the former Soviet Union. The widespread financial crises of recent years have all too dramatically illustrated the shortcomings of financial policy under liberalization. The complexity of the issues mocks any idea that a standard liberalization template will be universally effective. The evidence here described confirms that policy recommendations need to take careful account of country conditions. The volume is the outcome of a research project sponsored by the World Bank's Development Economics Research Group.