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Financial Liberalization in Developing Countries

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Money, Trade, and Competition

Part of the book series: A Publication of the Egon-Sohmen-Foundation ((EGON-SOHMEN))

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Abstract

Egon Sohmen had an abiding faith in, and an uncompromising dedication to, free markets. While he devoted his life’s work to the application of the liberal credo to developed countries, it also has relevance to developing countries. This is shown in the present paper, which examines the need for financial liberalization in these countries.

Article Note

The author is indebted to Yoon Se Cho, Maxwell Fry, Alan Gelb, and Jacques Polak for helpful comments. He alone is responsible, however, for the contents of the paper, which should not be interpreted to reflect the views of the World Bank.

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© 1992 Springer-Verlag Berlin · Heidelberg

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Balassa, B. (1992). Financial Liberalization in Developing Countries. In: Giersch, H. (eds) Money, Trade, and Competition. A Publication of the Egon-Sohmen-Foundation. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-77267-2_7

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  • DOI: https://doi.org/10.1007/978-3-642-77267-2_7

  • Publisher Name: Springer, Berlin, Heidelberg

  • Print ISBN: 978-3-642-77269-6

  • Online ISBN: 978-3-642-77267-2

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