Emancipating the banking system and developing markets for government debt

Bibliographic Information

Emancipating the banking system and developing markets for government debt

Maxwell J. Fry ; foreword by Eddie George

Routledge, 1997

  • : hbk
  • : pbk

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Note

Includes bibliographical references and index

Description and Table of Contents

Volume

: hbk ISBN 9780415156400

Description

Monetary policy in developing countries is largely based on a system introduced in the 1960s. Emancipating the Banking System and Developing Markets for Government Debt illustrates how this outdated system has led to financial repression and suggests some alternatives. Maxwell Fry is one of the leading experts in this area. His book will provide a much-needed study for those studying development and finance economics at an advanced level.

Table of Contents

I. Introduction and Debt-Deficit Dynamics 1. Why Develop Markets for Government Debt? 2 Debts, Deficits, Inflation and Growth II. Captive and Foreign Markets 3. The Central Bank and Inflationary Finance 4. Financial Repression 5. Foreign Debt Accumulation III. Developing Voluntary Domestic Markets 6. Prerequisites, Persuasion and Pitfalls 7. The Players and the Markets 8. Roles for the Central Bank
Volume

: pbk ISBN 9780415156417

Description

Monetary policy in developing countries is largely based on a system introduced in the 1960s. Emancipating the Banking System and Developing Markets for Government Debt illustrates how this outdated system has led to financial repression and suggests some alternatives. Maxwell Fry is one of the leading experts in this area. His book will provide a much-needed study for those studying development and finance economics at an advanced level.

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