In recent years policies aimed at liberalizing the financial sector in Less Developed Countries (LDCs) have become popular. In many LDCs this will involve privatizing the nationalized banks and creating new financial institutions in the private sector. This paper presents a detailed account of such an experiment conducted in Pakistan. The complex legal, ideological and economic factors which explain the initial success and the ultimate failure of...
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DETALHES
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1986/12/31
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Documento de trabalho departamental
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DRD259
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1
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1
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2013/06/06
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Disclosed
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Privatizing the financial sector in LDC's : lessons of an experiment
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saving and loan association
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