Download the fantastic book titled Creating an Efficient Financial System written by Thorsten Beck, available in its entirety in both PDF and EPUB formats for online reading. This page includes a concise summary, a preview of the book cover, and detailed information about "Creating an Efficient Financial System", which was released on 02 June 2024. We suggest perusing the summary before initiating your download. This book is a top selection for enthusiasts of the Capital market genre.
Summary of Creating an Efficient Financial System by Thorsten Beck PDF
Financial sector development fosters economic growth and reduces poverty by widening and broadening access to finance and allocating society's savings more efficiently. The author first discusses three pillars on which sound and efficient financial systems are built: macroeconomic stability and effective and reliable contractual and informational frameworks. He then describes three different approaches to government involvement in the financial sector: the laissez-faire view, the market-failure view and the market-enabling view. Finally, the author analyzes the sequencing of financial sector reforms and discusses the benefits and challenges that emerging markets face when opening their financial systems to international capital markets.
Detail About Creating an Efficient Financial System PDF
- Author : Thorsten Beck
- Publisher : World Bank Publications
- Genre : Capital market
- Total Pages : 43 pages
- ISBN :
- Release Date : 02 June 2024
- PDF File Size : 54,5 Mb
- Language : English
- Rating : 4/5 from 21 reviews
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