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Financial Sector Policy for Developing Countries : A Reader

Author

Listed:
  • Gerard Caprio
  • Patrick Honohan
  • Dimitri Vittas

Abstract

The dramatic events of the late 1990s, which followed a wave of financial crises going back to the early 1980s, brought to center stage the issue of financial sector policy in developing countries. Many recent books have presented a chronology and interpretation of the crises, but it is little apreciated that these financial sector problems had been brewing for decades and that a small number of scholars had long been evolving an approach to undertanding the structure and dynamics of these sectors. Spearheaded by a group led by Millard Long, the World Bank began studying more than 20 years ago the problems, risks, and policy solutions surrounding private finance. This volume contains a collection of essays drawing on that accumulated experience and offering a wide perspective based on extensive real-world institutional experience. They are a useful reader on a wide range of the financial policy issues that are central in developing economies today. They reflect also the evolving approach of the Bank's financial sector team and represent the knowledge that the team has accumulated over the years.

Suggested Citation

  • Gerard Caprio & Patrick Honohan & Dimitri Vittas, 2002. "Financial Sector Policy for Developing Countries : A Reader," World Bank Publications - Books, The World Bank Group, number 15229, December.
  • Handle: RePEc:wbk:wbpubs:15229
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    Citations

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    Cited by:

    1. Xiaoke Zhang, 2006. "Financial Market Governance in Developing Countries," Journal of Developing Societies, , vol. 22(2), pages 169-196, June.
    2. George M. von Furstenberg, 2007. "Aspects, Models and Measures for Assessing the Competitiveness of International Financial Services in a Particular Location," Working Papers 182007, Hong Kong Institute for Monetary Research.
    3. Beck, Thorsten & Hesse, Heiko, 2009. "Why are interest spreads so high in Uganda?," Journal of Development Economics, Elsevier, vol. 88(2), pages 192-204, March.
    4. James B. Ang, 2008. "Are Financial Sector Policies Effective In Deepening The Malaysian Financial System?," Contemporary Economic Policy, Western Economic Association International, vol. 26(4), pages 623-635, October.
    5. World Bank, 2016. "Democratic Republic of São Tome and Príncipe," World Bank Publications - Reports 25684, The World Bank Group.
    6. George Furstenberg, 2008. "Assessing the Competitiveness of International Financial Services in Particular Locations: A Survey of Methods and Perspectives," Open Economies Review, Springer, vol. 19(4), pages 539-556, September.
    7. Andreas Dietrich, 2016. "What Drives the Gross Margins of Mortgage Loans? Evidence from Switzerland," Journal of Financial Services Research, Springer;Western Finance Association, vol. 50(3), pages 341-362, December.
    8. Federico Sturzenegger, 2002. "Toolkit for the Analysis of Debt Problems," Business School Working Papers veinte, Universidad Torcuato Di Tella.

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