Financial reform of one type or another has been increasingly popular since the early 1970s, but disappointment with the fruits of reform has been common. Reformers in Africa and in transitional economies have been especially disappointed, perhaps because of their high expectations. Reform may also disappoint partly because of perverse sequencing. Often the more visible aspects of reform (such as complete deregulation of interest rates, recapitalization...
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INFORMATION
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1996/01/31
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Document de travail de recherche sur les politiques
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WPS1574
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1
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1
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2010/07/01
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Bank regulation : the case of the missing model
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Finance & Private Sector Development
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