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Shakil Faruqi - Financial sector reforms, economic growth, and stability: experiences in selected Asian and Latin American countries

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title Financial Sector Reforms Economic Growth and Stability - photo 1

title:Financial Sector Reforms, Economic Growth, and Stability : Experiences in Selected Asian and Latin American Countries EDI Seminar Series
author:Faruqi, Shakil.
publisher:World Bank
isbn10 | asin:0821330136
print isbn13:9780821330135
ebook isbn13:9780585264639
language:English
subjectFinancial institutions--Government policy--Asia--Congresses, Financial institutions--Government policy--Latin America--Congresses, Banks and banking--Asia--State supervision--Congresses, Banks and banking--Latin America--State supervision--Congresses, Mon
publication date:1994
lcc:HG187.A2F573 1994eb
ddc:332.1/095
subject:Financial institutions--Government policy--Asia--Congresses, Financial institutions--Government policy--Latin America--Congresses, Banks and banking--Asia--State supervision--Congresses, Banks and banking--Latin America--State supervision--Congresses, Mon
Page i
EDI SEMINAR SERIES
Financial Sector Reforms, Economic Growth, and Stability
Experiences in Selected Asian and Latin American Countries
Edited by
Shakil Faruqi
Contributors
Suman K. Bery
Binhadi
Choon Taik Chung
Michael Dooley
Mohammad Ashraf Janjua
Takashi Kanzaki
Ekamol Kiriwat
Guillermo Le-Fort
Ross Levine
Carlos Massad
Adrianus Mooy
Reinaldo Penner
Alan R. Roe
J. B. Sumarlin
Edgardo P. Zialcita
Page ii 1994 The International Bank for Reconstruction and Development - photo 2
Page ii
1994
The International Bank for Reconstruction
and Development / THE WORLD BANK
1818 H Street, N.W.
Washington, D.C. 20433, U.SA.
All rights reserved
Manufactured in the United States of America
First printing October 1994
Second printing January 1996
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. Some sources cited in this paper may be informal documents that are not readily available.
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 photocopy portions for classroom use is granted through the Copyright Clearance Center, Inc., Suite 910, 222 Rosewood Drive, Danvers, Massachusetts 01923, U.S.A.
The complete backlist 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, The World Bank, 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, economic growth, and stability : experiences
in selected Asian and Latin American countries / edited by Shakil
Faruqi; contributors Suman Bery... [et al.].
p. cm.(EDI seminar series)
Includes bibliographical references.
ISSN 0-8213-3013-6
1. Financial institutionsGovernment policyAsiaCongresses.
2. Financial institutionsGovernment policyLatin America
Congresses. 3. Banks and bankingAsiaState supervision
Congresses. 4. Banks and bankingLatin AmericaState
supervisionCongresses. 5. Monetary policyAsiaCongresses.
6. Monetary policyLatin AmericaCongresses. I. Farqui, Shakil.
II. Bery, Suman K III. Economic Development Institute (Washington,
D.C.) IV. Series.
HG187.A2F573 1994
332.1 '095dc20 94-33523
CIP
Page iii
Contents
Foreword
v
Abbreviations
vii
1. Opening Address
Adrianus Mooy
1
2. Seminar Proceedings: A Summary Report
Alan R. Roe
9
3. Financial Reforms, Opening Up, and Stability: Policy Issues and Sequencing Considerations
Carlos Massad
61
4. Financial Deregulation and Bank Supervision: The Case of Indonesia
Binhadi
81
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