Daniel Schydlowsky – författare
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2 produkter
2 produkter
Inbunden, Engelska, 1995
944 kr
Skickas
Structural adjustment has become the orthodox economic policy in developing countries. International financial institutions and the governments of the less developed countries play the major roles in determining the success of this restructuring. International institutions, through structural adjustment loans (SALs), provide both impetus and guidance to developing countries. The governments must provide a process of stabilization to precede structural adjustment, if it is to succeed. Economists and scholars in developmental, regional, and financial economics will find this work a fine addition to their research and collections.
Inbunden, Engelska, 2000
1 082 kr
Tillfälligt slut
The rapid emergence of active financial markets in a number of developing and transition countries during the 1990s is a momentous phenomenon. Until recently, most developing countries severely manipulated and repressed their financial markets. The dramatic increase in the influence of neo-liberal thinking and laissez-faire governance in developing countries has recently led to serious capital market reform in scores of countries. Most countries without financial market reform are anxiously studying their successful neighbors in order to adopt policies, programs, and regulations that have a proven track record.This collection of papers addresses many of the important issues raised by these dramatic changes, including restructuring pension systems, organizing new equity markets, designing financial systems to deal with systemic risk, dealing with the overhang and bad debts, and attracting foreign direct investments. Several papers deal with informal credit markets, examining the effect of informal finance on economic development and the exponential growth in microfinance by private financial institutions in Latin America and in the United States.The book is intended for policy makers and scholars interested in capital markets in developing and transition economies. It is also suitable for use as a supplementary text in upper level undergraduate and graduate courses in development finance.