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Reforming Financial Systems

Reforming Financial Systems

Hardcover

AccountingEconomicsInvesting & Finance

ISBN10: 052158115X
ISBN13: 9780521581158
Publisher: Cambridge University Press
Published: Jun 13 1997
Pages: 236
Weight: 1.17
Height: 0.76 Width: 6.34 Depth: 9.31
Language: English
This volume summarizes the key lessons of financial history for emerging market and developing economies, mostly drawn from when OECD economies themselves were industrializing and did not possess the checks, balances, and supervisory capabilities they have today. The topics include the role of central banks, debates on how to make banking secure and sound, the relative efficiency of universal banking (compared with the Anglo-American commercial banking model), and the role of savings banks, nonbanks, and securities markets in development.

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