Liberalisation of Financial Markets: The Developing Country Experience
Ram Sinha
Management and Labour Studies, 2009, vol. 34, issue 2, 274-290
Abstract:
Tis article encompasses various aspects of financial market liberalisation including the historical evidences of market deregulation, empirical studies on the impact of such liberalisation on economic growth and development. The article also discusses the problem of financial fragility connected with financial sector reform and briefly reviews the theoretical underpinnings. Finally the article discusses the role of the state in mitigating the problems connected with financial sector liberalisation.
Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:sae:manlab:v:34:y:2009:i:2:p:274-290
DOI: 10.1177/0258042X0903400207
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