Financial Reconstruction in Conflict and 'Post-Conflict' Economies

Tony Addison, Alemayehu Geda (), Philippe Le Billon and Mansoob Murshed

No DP2001-90, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: This paper discusses some of the principal issues relating to the reconstruction of the financial sector in conflict-affected countries, focusing on currency reform, the rebuilding (or creation) of central banks, the revitalization of the banking system, and its prudential supervision and regulation. Different types of conflict have different effects on the financial system. Country priorities for reconstruction therefore vary accordingly. Nevertheless, the following problems repeatedly occur in reconstruction. First, central banks often remain weak and under-resourced.

Keywords: Central banking; Financial institutions; Social conflict (search for similar items in EconPapers)
Date: 2001
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