Publication: Financial Sector Policy for Developing Countries : A Reader
Date
2002
ISSN
Published
2002
Author(s)
Caprio, Gerard
Honohan, Patrick
Vittas, Dimitri
Abstract
The dramatic events of the late 1990s,
which followed a wave of financial crises going back to the
early 1980s, brought to center stage the issue of financial
sector policy in developing countries. Many recent books
have presented a chronology and interpretation of the
crises, but it is little apreciated that these financial
sector problems had been brewing for decades and that a
small number of scholars had long been evolving an approach
to undertanding the structure and dynamics of these sectors.
Spearheaded by a group led by Millard Long, the World Bank
began studying more than 20 years ago the problems, risks,
and policy solutions surrounding private finance. This
volume contains a collection of essays drawing on that
accumulated experience and offering a wide perspective based
on extensive real-world institutional experience. They are a
useful reader on a wide range of the financial policy issues
that are central in developing economies today. They reflect
also the evolving approach of the Bank's financial
sector team and represent the knowledge that the team has
accumulated over the years.
Citation
“Caprio, Gerard; Honohan, Patrick; Vittas, Dimitri. 2002. Financial Sector Policy for Developing Countries : A Reader. © Washington, DC: World Bank. http://openknowledge.worldbank.org/entities/publication/26b1a90e-923b-5989-bc4e-74ecfbcd883a License: CC BY 3.0 IGO.”