Reforming Financial Systems: Historical Implications for Policy. This item is unavailable.Reforming Financial Systems: Historical Implications for Policy

This volume summarizes the key lessons of financial history for emerging market and developing economies, mostly drawn from when OECD economies themselves were industrializing and did not possess the checks, balances, and supervisory capabilities they have today. The topics include the role of central banks, debates on how to make banking secure and sound, the relative efficiency of universal banking (compared with the Anglo-American commercial banking model), and the role of savings banks, nonbanks, and securities markets in development.

"This volume is sure to please financial historians no matter what their specialty. In addition, it should appeal to scholars of contemporary monetary regimes, especially those focusing on developing financial institutions....it should be required reading for all governemnt officials involved with the regulation of financial institutions." Michael Haupert, EH.NET BOOK REVIEW

"This volume is sure to please financial historians no matter what their specialty....it should appeal to scholars of contemporary monetary regimes, especially those focusing on developing financial institutions....it should be required reading for all government officials involved with the regulation of financial institutions." Michale Hupert, H-Net Reviews