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Microeconomic Elements and Perspectives from Finance Theory

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Book cover Financial Reform in Developing Countries

Abstract

The current trend toward the restructuring of financial systems in many countries makes an evaluation of the economic merits of alternative financial systems timely and important. This chapter examines microeconomic aspects of financial liberalization, paying attention to the range of market and non-market institutions composing the financial system and the impact of financial liberalization on real investment decisions. The discussion is also tied to the liberalization experience of the sample of countries studied in this volume.

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Authors
  1. Varouj A. Aivazian
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Editor information

Editors and Affiliations

  1. Centro de Estudios de Estado y Sociedad, Buenos Aires, Argentina

    José M. Fanelli (Senior Researcher — Economics) (Senior Researcher — Economics)

  2. International Development Research Centre, Ottawa, Canada

    Rohinton Medhora (Senior Specialist — Economics) (Senior Specialist — Economics)

Copyright information

© 1998 International Development Research Centre

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Aivazian, V.A. (1998). Microeconomic Elements and Perspectives from Finance Theory. In: Fanelli, J.M., Medhora, R. (eds) Financial Reform in Developing Countries. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-26871-9_11

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