Building a sound, efficient financial system is at the heart of the transformation from central planning to a market economy. The vital function that the financial system performs in a market economy in allocating resources over time is well recognized. Building sound finance in emerging market economies requires more than observing and imitating the institutions of mature market economies. There are at least four additional considerations that justify...
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INFORMATION
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1993/06/11
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Publication
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98825
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1
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1
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2015/11/19
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Disclosed
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Building sound finance in emerging market economies
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economies in transition
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