Emancipating the Banking System and Developing Markets for Government Debt [Paperback]

Monetary policy in developing countries is largely based on a system introduced in the 1960s. Emancipating the Banking System and Developing Markets for Government Debtillustrates how this outdated system has led to financial repression and suggests some alternatives.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.