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Financial Liberalization and Investment
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Financial Liberalization and Investment

Book Details

Format Hardback or Cased Book
ISBN-10 0415138795
ISBN-13 9780415138796
Publisher Taylor & Francis Ltd
Imprint Routledge
Country of Manufacture GB
Country of Publication GB
Publication Date Mar 14th, 1996
Print length 196 Pages
Weight 362 grams
Product Classification: Monetary economicsBanking
Ksh 36,000.00
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What happens to savings, investment, income and growth if governments allow interest rates to be determined by market forces? This is the first book to answer this by examining financial deregulation in a coherent and complete manner.
For two decades thinking on economic policy has been dominated by the idea of economic liberalization in general and financial deregulation in particular. This field has become both extensive and controversial, yet there is no single book which treats financial deregulation in a complete and coherent manner.
This book rectifies the shortfall by focusing specifically on the consequences of interest rate deregulation for the real sectors of the economy. Using both analytical and simulation models the behaviour of consumers, firms, banks, informal credit markets and governments is examined with a view to providing guidance on a number of controversial issues.

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