Financial liberalization in developing countries
by Trevor M. Sikorski
In Financial Liberalization in Developing Countries, Trevor Sikorski challenges conventional financial liberalization theory by using a more complete view of the money creation process in developing countries. This book seeks to develop a theoretical framework for successful analysis of monetary and financial policy in developing countries.
By emphasizing the interrelationships and institutional structures which characterize the monetary transmission mechanism, Dr. Sikorski shows how a policy of full financial liberalization is largely unsustainable in a developing economy. Assuming an endogenous money supply, this analysis is able to take greater account of adjustment costs from financial liberalization.
Case studies are presented for South Korea, Indonesia, Malaysia and the Philippines, in order to assess the experiences of these countries in an endogenous money framework.
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Monetary policy, Free enterprise, Case studiesPlaces
Pacific Area, Case studies| Edition | Availability |
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1
Financial liberalization in developing countries
2002, Edward Elgar
in English
1858982448 9781858982441
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2
Financial liberalization in developing countries
1996, Edward Elgar, Edward Elgar Publishing
in English
1858982448 9781858982441
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3
Financial liberalization in developing countries: a post Keynesian approach
1996, Edward Elgar
in English
1858982448 9781858982441
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Includes bibliographical references.
AYB-5499
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