Title: Towards Financial Independence in a Developing Economy: An Analysis of the Monetary Experience of the Federation of Rhodesia and Nyasaland, 1952-1963
Publisher: Routledge
Publication Date: 2013
Language: English
ISBN 10: 041585315X
ISBN 13: 9780415853156
Binding: Soft cover
Condition: New

About this title

Synopsis

First published in 1967, this is a unique study of the establishment of the Bank of Rhodesia and Nyasland – a central bank and London-type money market in a financially externally dependent economy.

The book deals with the adaptation and initiation of financial institutions in a developing country previously completely dependent on external financial centres and externally controlled financial institutions. Dr Sowelem’s authoritative and detailed study provides valuable information on the inter-related questions of central bank control and the development of specialist money markets in developing countries.

About the Author

R.A. Sowelem, University of Leeds. Foreword by W.T. Newlyn, Professor of Development Economics, University of Leeds.

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