Analysis of Sequencing of Financial Liberalisation in Thailand

2008 ◽  
pp. 69-88
Keyword(s):  
Financial Liberalisation

Financial Intermediation and Growth: Theory and Some Cross-Country Evidence

1997 ◽  
Vol 36 (4II) ◽  
pp. 855-862
Author(s):  
Tayyeb Shabir
Keyword(s):  
Economic Growth ◽  
Financial Markets ◽  
Financial Intermediation ◽  
Empirical Estimates ◽  
Financial Liberalisation ◽  
Cross Country ◽  
Level Of Significance ◽  
The Relationship ◽  
Positive Effect ◽  
Theoretical Developments

Well-functioning financial markets can have a positive effect on economic growth by facilitating savings and more efficient allocation of capital. This paper characterises some of the recent theoretical developments that analyse the relationship between financial intermediation and economic growth and presents empirical estimates based on a model of the linkage between financially intermediated investment and growth for two separate groups of countries, developing and advanced. Empirical estimates for both groups suggest that financial intermediation through the efficiency of investment leads to a higher rate of growth per capita. The relevant coefficient estimates show a higher level of significance for the developing countries. This financial liberalisation in the form of deregulation and establishment and development of stock markets can be expected to lead to enhanced economic growth.

Financial Liberalisation: The African Experience

2003 ◽  
Vol 12 (90002) ◽  
pp. 53ii-88 ◽  
Author(s):  
C. M. Reinhart
Keyword(s):  
African Experience ◽  
Financial Liberalisation

Financial Liberalisation and Economic Development in China

China Report ◽  
1999 ◽  
Vol 35 (1) ◽  
pp. 27-40
Author(s):  
R.N. Agarwal
Keyword(s):  
Economic Development ◽  
Financial Liberalisation

scholarly journals Trade in Financial Services—Has the IMF been Involved Constructively?

2011 ◽  
Vol 5 (1) ◽  
pp. 65-92
Author(s):  
Robert M. Stern
Keyword(s):  
Financial Services ◽  
World Trade ◽  
World Trade Organisation ◽  
Policy Issues ◽  
The World ◽  
Key Policy ◽  
Accession Process ◽  
Financial Liberalisation ◽  
The International Monetary Fund ◽  
The Imf

This paper considers the key policy issues related to liberalisation of trade in financial services that the International Monetary Fund (IMF) should be concerned with, and the role the IMF has played in advising on policies related to trade in financial services in its bilateral and multilateral surveillance and in conditionality attached to lending programmes. The IMF staff were generally aware of the literature and country experiences showing the benefits of financial liberalisation. But Fund advice in support of liberalisation can be best interpreted to be in support of country unilateral policy actions and the dynamics of the World Trade Organisation (WTO) accession process.

ON THE SEQUENCING OF FINANCIAL LIBERALISATION IN NIGERIA*

2002 ◽  
Vol 70 (1) ◽  
pp. 95-127 ◽  
Author(s):  
SI Ikhide ◽  
AA Alwode
Keyword(s):  
Financial Liberalisation
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