First Published in 1977. This issue of the Journal is devoted to papers dealing with various features of the financial process in developing countries progress. While the majority of papers included deal with various aspects of the domestic financial system, a paper is included which lies in the field of international finance and there are two papers within the field of public finance as conventionally defined.

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Edited by P.C.I. Ayre Lecturer in Economics, School of Oriental and African Studies, University of London.

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