Emancipating the Banking System and Developing Markets for Government Debt

Monetary policy in developing countries is largely based on a system introduced in the 1960s. <em>Emancipating the Banking System and Developing Markets for Government Debt</em> illustrates how this outdated system has led to financial repression and suggests some alternatives. Maxwell Fry is one of the leading experts in this area. His book will provide a much-needed study for those studying development and finance economics at an advanced level.