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Shakil Faruqi - Financial sector reforms in Asian and Latin American countries: lessons of comparative experience

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title Financial Sector Reforms in Asian and Latin American Countries - photo 1

title:Financial Sector Reforms in Asian and Latin American Countries : Lessons of Comparative Experience EDI Seminar Series
author:Faruqi, Shakil
publisher:World Bank
isbn10 | asin:0821325183
print isbn13:9780821325186
ebook isbn13:9780585184555
language:English
subjectFinancial institutions--Asia--Congresses, Financial institutions--Latin America--Congresses.
publication date:1993
lcc:HG187.A2F574 1993eb
ddc:332.1/095
subject:Financial institutions--Asia--Congresses, Financial institutions--Latin America--Congresses.
Page i
EDI SEMINAR SERIES
Financial Sector Reforms in Asian and Latin American Countries
Lessons of Comparative Experience
Edited by
Shakil Faruqi
Contributors
Gerard Caprio, Jr.
Vittorio Corbo
Jesus P. Estanislao
Nicols G. Eyzaguirre
Alejandro Foxley
Ekamol Kiriwat
Bon-Ho Koo
Lin See Yan
Millard Long
Mara Mercedes de Martnez
Guillermo Ortiz Martnez
Carlos Massad
Alan Roe
Syahril Sabirin
Luiz Alfonso Simoens da Silva
Masahiro Sugita
Roberto Zahler
Financial sector reforms in Asian and Latin American countries lessons of comparative experience - image 2
Page ii
1993
The International Bank for Reconstruction
and Development / THE WORLD BANK
1818 H Street, N.W.
Washington, D.C. 20433, U.S.A.
All rights reserved
Manufactured in the United States of America
First printing July 1993
Second printing September 1994
The Economic Development Institute (EDI) was established by the World Bank in 1955 to train officials concerned with development planning, policymaking, investment analysis, and project implementation in member developing countries. At present the substance of the EDI's work emphasizes macroeconomic and sectoral economic policy analysis. Through a variety of courses, seminars, and workshops, most of which are given overseas in cooperation with local institutions, the EDI seeks to sharpen analytical skills used in policy analysis and to broaden understanding of the experience of individual countries with economic development. Although the EDI's publications are designed to support its training activities, many are of interest to a much broader audience. EDI materials, including any findings, interpretations, and conclusions, are entirely those of the authors and should not be attributed in any manner to the World Bank, to its affiliated organizations, or to members of its Board of Executive Directors or the countries they represent.
Because of the informality of this series and to make the publication available with the least possible delay, the manuscript has not been edited as fully as would be the case with a more formal document, and the World Bank accepts no responsibility for errors.
The material in this publication is copyrighted. Requests for permission to reproduce portions of it should be sent to the Office of the Publisher at the address shown in the copyright notice above. The World Bank encourages dissemination of its work and will normally give permission promptly and, when the reproduction is for noncommercial purposes, without asking a fee. Permission to copy portions for classroom use is granted through the Copyright Clearance Center, 27 Congress Street, Salem, Massachusetts 01970, U.S.A.
The complete back list of publications from the World Bank is shown in the annual Index of Publications, which contains an alphabetical title list (with full ordering information) and indexes of subjects, authors, and countries and regions. The latest edition is available free of charge from the Distribution Unit, Office of the Publisher, The World Bank, 1818 H Street, N.W., Washington, D.C. 20433, U.S.A., or from Publications, Banque mondiale, 66, avenue d'Ina, 75116 Paris, France.
Shakil Faruqi is principal financial economist in the Finance and Private Sector Development Division of the World Bank's Economic Development Institute.
Library of Congress Cataloging-in-Publication Data
Financial sector reforms in Asian and Latin American countries:
lessons of comparative experience / edited by Shakil Faruqi;
contributors Gerard Caprio... [et al.].
p. cm.(EDI seminar series)
ISBN 0-8213-2518-3
1. Financial institutionsAsiaCongresses. 2. Financial
institutionsLatin AmericaCongresses. I. Faruqi, Shakil, 1942
. II. Caprio, Gerard. III. International Bank for Reconstruction
and Development. IV. Series.
HG187.A2F574 1993
332.1'095dc20 93-25466
CIP
EDI Catalog No. 340/073
Page iii
Contents
Foreword
v
Abbreviations
vii
1. Seminar Proceedings: A Summary Report
Alan Roe, University of Warwick
1
2. Financial Sector Reforms and Liberalization: Welcome Address
Roberto Zahler, President, Central Bank of Chile
43
3. Response to the Welcome Address
Lin See Yan, Deputy Governor, Bank Negara, Malaysia
55
4. Financial Reforms: A Global Perspective
Millard Long, World Bank
59
5. Financial Reform: Lessons and Strategies
Gerard Caprio, Jr., Izak Atiyas, And James A. Hanson, World Bank
67
6. What Should Banks do in the Financial Industry of the 1990s: The Case of Middle Income Countries
Vittorio Corbo, Leonardo Hernndez, Catholic University, Chile
93
7. Financial Sector Reforms: Thailand
Ekamol Kiriwat, Deputy Governor, Bank of Thailand
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