Financial Systems Development: A Challenge For Policymakers  

Oleh:

Seibel, Hans Dieter

Jenis: Article from Journal - ilmiah internasional
Dalam koleksi: Economics: A Biannual Collection of Recent German Studies no. 54 (1996), page 68-83.
Topik: Financial Systems Development; World Bank; German Ministry for Economic Co-operation and Development (BMZ)

Ketersediaan

Perpustakaan Pusat (Semanggi) Nomor Panggil: EE9.1 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada

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Isi artikel

In the experience of the German Ministry for Economic Co-operation and Development (BMZ) and that of the World Bank, easy and cheap money provided by state-controlled development banks for financing investment has impeded the development of an efficient financial sector in the developing countries and has not reached the target groups. A great proportion of financial aid has disappeared down currency holes which a mistaken monetary and foreign trade policy had punched in the balance of payments: a bottomless pit. This is the common denomiatot in two information notes from the German Minister for Economic Co-operation and Development (Nos.39/92 and 62/92) and a study of the German Institute for Development Policy (Hannig 1992).

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