ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

Warren L CoatsSubscribe to Warren L Coats

Lessons of Financial Liberalisation for India-Another View

Another View Warren L Coats, Jr An increasing number of countries have been prompted to liberalise their financial systems in the hope of improving the distribution of income, the efficiency of investment, and the quality of financial services, and in order to raise the standards of public service by reducing the incentives for corruption.

Money and Monetary Policy in Less Developed Countries- Survey of Issues and Evidence

In less developed countries money's role need neither be denigrated nor exaggerated, Money's traditional functions as medium of exchange and store of value remain important in these countries, but its function as a conduit of resources from savers to investors is more central to an understanding of its con- tribution to development. This view of money and monetary policy in the less developed countries has been strengthened in recent years by a growing body of theoretical and empirical work in this area.
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