IDEAS home Printed from https://ideas.repec.org/h/pal/palchp/978-1-349-08311-4_13.html
   My bibliography  Save this book chapter

Some Warnings Concerning Possible Financial Reform in the Dominican Republic

In: Foreign Investment, Debt and Economic Growth in Latin America

Author

Listed:
  • Andres Dauhajre

Abstract

One of the recommendations international financial institutions, particularly the International Monetary Fund and the World Bank, often make to less developed countries with severe balance of payments disequilibria, is to increase the rate of interest on time deposits. The experts who work at these agencies, and the technical missions who visit these countries, adopt the theoretical frameworks of McKinnon (1973), Shaw (1973) and Kapur (1976), and consider that the increase in the rate of interest on time deposits will raise the economy’s level of savings. This would enlarge the real size of the banking system and, consequently, the net banking credit flow necessary to finance investment.

Suggested Citation

  • Andres Dauhajre, 1988. "Some Warnings Concerning Possible Financial Reform in the Dominican Republic," Palgrave Macmillan Books, in: Antonio Jorge & Jorge Salazar-Carrillo (ed.), Foreign Investment, Debt and Economic Growth in Latin America, chapter 13, pages 180-186, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-08311-4_13
    DOI: 10.1007/978-1-349-08311-4_13
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:palchp:978-1-349-08311-4_13. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.