Maxwell Fry

Emancipating the Banking System and Developing Markets for Government Debt

• Gebundenes Buch

Produktbeschreibung

Published in association with the Bank of England, this book assesses the damaging effects of financing government deficits through inflationary finance, financial repression and excessive foreign borrowing. This is supported by a practical guide to developing voluntary domestic markets for government debts. Much of the material in this last section of the book is based upon the response to questionnaires sent to central banks in Ghana, Indiam Malaysia, Mexicom New Zealand, Sri Lanka and Zimbabwe.

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Monetary policy in developing countries is largely based on a system introduced in the 1960s. Emancipating the Banking System and Developing Markets for Government Debt illustrates how this outdated system has led to financial repression and suggests some alternatives. Maxwell Fry is one of the leading experts in this area. His book will provide a much-needed study for those studying development and finance economics at an advanced level.

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Hinweis: Dieser Artikel kann nur an eine deutsche Lieferadresse ausgeliefert werden.

Produktdetails

• Verlag: Routledge
• Seitenzahl: 300
• Erscheinungstermin: 6. März 1997
• Englisch
• Abmessung: 222mm x 145mm x 20mm
• Gewicht: 511g
• ISBN-13: 9780415156400
• ISBN-10: 0415156408
• Artikelnr.: 22388490

Autorenporträt

Maxwell Fry

Inhaltsangabe

List of Figures
List of Tables
Foreword
Acknowledgements
Part I Introduction and Debt-Deficit Dynamics
Part II Captive and Foreign Markets
Part III Developing Voluntary Domestic Markets
Appendix 1 Central Bank Case Study Questionnaire
Appendix 2 Government Deficits as Percent of GDP
Appendix 3 Government Domestic Debt as Percent of GDP
Appendix 4 Government Foreign Debt as Percent of GDP
Appendix 5 Government Debt as Percent of GDP
Appendix 6 Government and Government-Guaranteed Foreign Debt as Percent of GDP
Appendix 7 Continuously Compounded Rates of Economic Growth
Appendix 8 Real Interest Rates
Appendix 9 Continuously Compounded CPI Inflation Rates
Appendix 10 Change in Reserve Money as Percent of GDP
Appendix 11 Reserve Money as Percent of Broad Money (M2)
Appendix 12 Bank Reserves as Percent of Bank Deposits
Appendix 13 Growth Rates in Eight Case Study Countries
Appendix 14 Inflation Rates in Eight Case Study Countries
Appendix 15 Government Deficits as Percent of GDP in Eight Case Study Countries
Appendix 16 Government Domestic Debt as Percent of GDP in Eight Case Study Countries
Appendix 17 Government Foreign Debt as Percent of GDP in Eight Case Study Countries
Appendix 18 Government Debt as Percent of GDP in Eight Case Study Countries
Appendix 19 Government and Government-Guaranteed Foreign Debt as Percent of GDP in Eight Case Study Countries
Appendix 20 Change in Reserve Money as Percent of GDP in Eight Case Study Countries
Appendix 21 Net Domestic Credit to Government as Percent of Aggregate Domestic Credit in Eight Case Study Countries
Appendix 22 Reserve Money as Percent of Broad Money (M2) in Eight Case Study Countries
Appendix 23 Bank Reserves as Percent of Bank Deposits in Eight Case Study Countries
Appendix 24 Real Interest Rates in Eight Case Study Countries
Appendix 25 Central Bank Governors' Symposium Participants
Bibliography
Index