For the large number of developing countries undergoing significant
structural transformations, one of the most important and
controversial adjustment areas is that of the financial markets.
Focusing on the role of the institutional and enabling environment
within which financial reform occurs and on the integration of
principles of finance with more macroeconomic approaches to the
subject, the book contains case studies of reform experiences in
Argentina, India, Nigeria, Turkey and Uruguay. Themes studied
include the 'go slow' versus 'big bang' approach and the particular
problem of bank-firm inter-linkages in Eastern Europe.
General
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