Deregulation and the Banking Crisis in Nigeria - Stein, Howard
123,99 €
inkl. MwSt.
Versandkostenfrei*
Versandfertig in über 4 Wochen
payback
62 °P sammeln
  • Gebundenes Buch

The book provides a multifaceted approach to understanding the origin, nature and resolution of the banking crisis in Nigeria. Unlike studies that focus only on technical criteria, the contributors examine theoretical, empirical, institutional, political economy and policy dimensions. Moreover, unlike case studies that focus on a single country, the volume compares liberalization in Nigeria to other regions demonstrating links to the financial crisis in Asia, Latin America and elsewhere. They emphasize the importance of understanding financial liberalization in its broader embedded context and…mehr

Andere Kunden interessierten sich auch für
Produktbeschreibung
The book provides a multifaceted approach to understanding the origin, nature and resolution of the banking crisis in Nigeria. Unlike studies that focus only on technical criteria, the contributors examine theoretical, empirical, institutional, political economy and policy dimensions. Moreover, unlike case studies that focus on a single country, the volume compares liberalization in Nigeria to other regions demonstrating links to the financial crisis in Asia, Latin America and elsewhere. They emphasize the importance of understanding financial liberalization in its broader embedded context and the need to tailor financial reform to the conditions and capacities of specific developing and transitional countries including Nigeria.
Hinweis: Dieser Artikel kann nur an eine deutsche Lieferadresse ausgeliefert werden.
Autorenporträt
K.S. ADEYEMI Assistant General Manager, Union Bank of Nigeria Plc S.O. ALASHI Director, Nigerian Deposit Insurance Corporation HA-JOON CHANG Lecturer, Faculty of Economics and Politics, University of Cambridge MACHIKO NISSANKE Senior Lecturer, School of Oriental and African Studies, University of London HONG-JAE PARK Hyundai Motors, Korea STEVEN ROSEFIELDE Professor of Economics, University of North Carolina, Chapel Hill ADEDOYIN SOYIBO Professor of Economics, University of Ibadan LEONARDO VERA Assistant Professor of Macroeconomics, Central University, Venezuela CHUL-GYUE YOO Professor, Seong Gong Hoe University, Seoul, Korea.
Rezensionen
'Stein, Ajakaiye, and Lewis...convincingly demonstrate the weakness of the McKinnon-Shaw financial repression hypothesis...[They] reveal that the insistence by the International Monetary Fund and World Bank on orthodox financial liberalization has contributed to reductions in real financial savings, real lending to the private sector, and investment in Nigeria and other African countries...The policy implications of this thorough study are an emphasis on building financial institutions and regulating and supervising banks, and a rejection of financial price deregulation and an America-style arms-length system of banking in developing countries.' - Professor E. Wayne Nafziger, Department of Economics, Kansas State University

'...provides a welcome and timely addition to the literature on financial liberalization...The book concentrates on the dangers of deregulation in Nigeria with clear implications to the rest of Africa. In doing so it also draws on

the experience ofother countries such as Venezuela, Russia and Korea...[A]n extremely original work with important contributions to theoretical, institutional and policy issues related to the question of financial liberalization and its alternatives in developing countries.' - Philip Arestis, Professor of Economics, South Bank University, London