Developing countries' financial sector has been affected by a
troubled macroeconomic environment and repressive policies. To
improve their financial sector performance, some governments have
responded with financial reform policies which have succeeded in
only a few but failed in several countries. This book identifies
the challenges and solutions for policymakers and financial
managers in countries implementing financial reform policies. It
analyzes the anatomy of success and failure of reform and argues
for sound financial regulation and supervision in these countries.
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