Verwandte Artikel zu Financial Reform: Theory and Experience
Inhaltsangabe
This study is the first to look at the analytics of and experience with financial reform, in examples drawn mostly from the developing world.
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Reseña del editor
This book examines the analytical basis and practical experience of financial reforms in a number of primarily developing countries. A key finding is that financial reforms have led to improved resource allocation - an a priori belief not hitherto tested. This finding is consistent with the argument that efforts in developing countries to maximize efficiency resource utilization cannot be underestimated in their importance. There are three key lessons that suggest the crucial nature of managing the process rather than adopting a laissez-faire approach. First, more successful reform must take account of information capital; second, initial conditions in balance sheets, human and information capital, and incentive systems are fundamental in determining how to go about reform; and third, that different sequences of reforms can be tolerated and, with certain preconditions, do well.
Reseña del editor
This book examines the analytical basis and practical experience of financial reforms in a number of countries, primarily developing nations. A key finding is that financial reforms have led to improved resource allocation - an a priori belief not hitherto tested. This finding is consistent with the argument that efforts in developing countries to maximize efficiency of resource utilization cannot be underestimated in their importance. Three key lessons suggest the importance of managing the reform process rather than adopting a laissez-faire approach: first, more successful reform must take account of information capital; second, initial conditions in finance - balance sheets, human and information capital, and incentive systems - are fundamental in determining how to go about reform; and third, different sequences of reforms can be tolerated and, with certain preconditions, do well.
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Financial Reform: Theory and Experience
Verlag:
Cambridge University Press, 1995
ISBN 10: 0521465621
ISBN 13: 9780521465625
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Hardcover
Anbieter: Phatpocket Limited, Waltham Abbey, HERTS, Vereinigtes Königreich
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Zustand: Good. Your purchase helps support Sri Lankan Children's Charity 'The Rainbow Centre'. Ex-library, so some stamps and wear, but in good overall condition. Our donations to The Rainbow Centre have helped provide an education and a safe haven to hundreds of children who live in appalling conditions. Artikel-Nr. Z1-L-023-02366
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FINANCIAL REFORM Theory and Experience
Verlag:
Cambridge University Press, Cambridge, 1994
ISBN 10: 0521465621
ISBN 13: 9780521465625
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Hardcover
Anbieter: J. Wyatt Books, Ottawa, ON, Kanada
Verkäuferbewertung 5 von 5 Sternen
Hardcover. Zustand: VG+. Zustand des Schutzumschlags: VG-. 470 pages in very good, clean condition. With many figures and tables. Black cloth with gilt titles on the spine. Light rubbing on the corners and edges. Grey DJ with green/white titles. Few small tears on the top edge. Good, tight binding. VG+/VG-. Book. Artikel-Nr. 209898
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