Financial reform lessons and strategies (English)

The argument in favor of gradual - but sustained - financial reform is based on two factors. First, the development of borrower net worth will determine the health of the real and, ultimately, the financial sector. Thus, speeding up reforms when borrower net worth is subject to positive shocks - or slowing them when it is subject to negative shocks - appears sensible and appears to have worked better in practice. Second, the initial conditions of...

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Author

Caprio,Gerard;

Atiyas, Izak;

Hanson, James;
Document Date
1993/02/28
Document Type
Policy Research Working Paper
Report Number
WPS1107
Volume No
1
Total Volume(s)
1
Disclosure Date
2010/07/01
Doc Name
Financial reform lessons and strategies
Keywords
financial reform

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Citation

Caprio,Gerard; Atiyas, Izak; Hanson, James.

Financial reform lessons and strategies (English). Policy, Research working papers ; no. WPS 1107. Financial policy and systems Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/607021468741006011

Financial reform lessons and strategies (English)

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