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Financial Liberalization and Investment

By: (Author) Kanhaya Gupta , (Author) Robert Lensink

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Ksh 34,200.00

Format: Hardback or Cased Book

ISBN-10: 0415138795

ISBN-13: 9780415138796

Series: Routledge Studies in Development Economics

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 economics
Banking

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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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