Critical Review of Financial Sector Reforms and Financial Liberalization in Developing Countries [A Practical Discussion in Nigerian Context]

2009 ◽  
Author(s):  
Orok Ekpo Orok-Duke ◽  
George Akpan Ekott ◽  
Bernard Enya Edu
Author(s):  
Zil-e- Rubab

This critical research periodical is mainly based on critical review of research article titled ‘Modulated Expression of Specific tRNAs Drives Gene Expression and Cancer Progression published in Cell by Goodarzi et al1. According to Globocan, 2008 report2, breast is among the leading site of new cancer cases and deaths (691,300/268,900) in females of developing countries and second leading site in USA (Globocan, 2012)3. The extensive research is in progress on different aspects of molecular mechanism of driving forces and different treatment modalities to ease this burden. The above mentioned research article is also part of this effort.


2020 ◽  
Vol 12 (1) ◽  
pp. 95-140
Author(s):  
Winston W. Dou ◽  
Andrew W. Lo ◽  
Ameya Muley ◽  
Harald Uhlig

We provide a critical review of macroeconomic models used for monetary policy at central banks from a finance perspective. We review the history of monetary policy modeling, survey the core monetary models used by major central banks, and construct an illustrative model for those readers who are unfamiliar with the literature. Within this framework, we highlight several important limitations of current models and methods, including the fact that local-linearization approximations omit important nonlinear dynamics, yielding biased impulse-response analysis and parameter estimates. We also propose new features for the next generation of macrofinancial policy models, including a substantial role for the financial sector, the government balance sheet, and unconventional monetary policies; heterogeneity, reallocation, and redistribution effects;the macroeconomic impact of large nonlinear risk premium dynamics; time-varying uncertainty; financial sector and systemic risks; imperfect product market and markups; and further advances in solution, estimation, and evaluation methods for dynamic quantitative structural models.


2015 ◽  
Vol 5 (1) ◽  
Author(s):  
Grendi Hendrastomo *

Shifting agricultural era to the era of industrialization left many problems, especially in the agricultural sector. Populist policies have on one hand brought the country many industrial investments that force economic growth, but on the other hand reduced the partisanship of country in agricultural sector. Agriculture as the basis for mass production of most Indonesian society has became casualties as part of the green revolution that is full of developing countries‘s propaganda which brings benefit and lead to dependency on developing countries. The downturn actors of agricultural field increased in line with growth of food-estate program to attract foreign investors to explore the agro sector. This article discusses on a critical review of agriculture in Indonesia’s slump that began with the green revolution with their panca usaha tani, starting from the decline of the agricultural sector, static industrial situation until the solutions that might be applied to enhance the economic growth and social dynamics of Indonesia.   Keywords: Industrialisation, Marginalization of Agriculture, Green Revolution


2018 ◽  
Vol 10 (6(J)) ◽  
pp. 42-49
Author(s):  
Nolungelo Cele ◽  
Kapingura FM

The importance of financial liberalization is well documented in the literature. However, there has been an emergency of studies, which indicate that this can be another channel through which financial instability is generated in the domestic economy. Utilising data from four SADC countries, the empirical findings show that financial reforms are positively related to financial instability in almost all the specifications. The empirical results further revealed that financial instability intensifies in the face of a financial crisis. The result suggests that financial liberalization can therefore be another source of financial instability in the region. The empirical results imply that though policymakers should liberalise the financial system, policies aimed at maintaining financial stability should also be promoted.


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