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Financial Reform; What Shakes It? What Shapes It?

Author

Listed:
  • Ashoka Mody
  • Abdul d Abiad

Abstract

Financial sector liberalization was high on the agenda of policymakers during the last quarter of the twentieth century. But there were significant differences in the pace and scale of reform. This pamphlet examines the factors triggering-or impeding and even reversing-financial reform in 35 economies, both industrial and developing.

Suggested Citation

  • Ashoka Mody & Abdul d Abiad, 2005. "Financial Reform; What Shakes It? What Shapes It?," IMF Economic Issues 35, International Monetary Fund.
  • Handle: RePEc:imf:imfeci:35
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    References listed on IDEAS

    as
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    9. Allan Drazen & William Easterly, 2001. "Do Crises Induce Reform? Simple Empirical Tests of Conventional Wisdom," Economics and Politics, Wiley Blackwell, vol. 13(2), pages 129-157, July.
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    13. Lora, Eduardo, 1998. "What Makes Reforms Likely? Timing and Sequencing of Structural Reforms in Latin America," Working Papers 244240, Inter-American Development Bank.
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    15. repec:hrv:faseco:30728041 is not listed on IDEAS
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