عنوان
پدید آورنده
موضوع
رده
HD75 .C367 2001eb
HD75
.
C367
2001eb
کتابخانه
محل استقرار
INTERNATIONAL STANDARD BOOK NUMBER
(Number (ISBN
0195216059
(Number (ISBN
0585451389
(Number (ISBN
9780195216059
(Number (ISBN
9780585451381
NATIONAL BIBLIOGRAPHY NUMBER
Number
b742719
TITLE AND STATEMENT OF RESPONSIBILITY
Title Proper
Finance for growth :
General Material Designation
[Book]
Other Title Information
policy choices in a volatile world.
.PUBLICATION, DISTRIBUTION, ETC
Place of Publication, Distribution, etc.
New York :
Name of Publisher, Distributor, etc.
Oxford University Press,
Date of Publication, Distribution, etc.
2001.
PHYSICAL DESCRIPTION
Specific Material Designation and Extent of Item
1 online resource (xv, 211, [1] pages) :
Other Physical Details
illustrations
SERIES
Series Title
World Bank policy research report
GENERAL NOTES
Text of Note
Written by Gerard Caprio and Patrick Honohan (p. xiii).
INTERNAL BIBLIOGRAPHIES/INDEXES NOTE
Text of Note
Includes bibliographical references (pages 197-212).
SUMMARY OR ABSTRACT
Text of Note
The overall impact of financial globalization on the domestic financial sector is profound. Liberalization of capital flows has effectively made domestic financial repression obsolete. The consequences have not been uniformly favorable. Following liberalization, domestic interest rates in developing countries have moved to a premium over industrial country rates, and can surge at times of currency speculation. Heightened interest rate and exchange rate volatility pose practical risk management difficulties for financial intermediaries and reinforce the need for appropriate infrastructures and incentives for risk containment, as well as for good macropolicies. On the other hand, the cost of equity capital has been reduced by allowing foreign investor access to local equity markets and allowing local firms to list abroad. Increased international flows through the equity markets have not been the major contributor to increased international sources of volatility. In addition to opening access to foreign-sourced financial services, more and more countries have been permitting foreign-owned banks and other financial firms to operate locally. Although this can represent a threat to domestic owners of financial firms, the drawback is outweighed by improved service quality. On all three fronts--debt, equity, and services--the costs and risks as well as the benefits of increased financial globalization. knowledges.
ACQUISITION INFORMATION NOTE
Source for Acquisition/Subscription Address
IBRD PA Ref. No.2981
Stock Number
5125281
OTHER EDITION IN ANOTHER MEDIUM
Title
Finance for growth.
TOPICAL NAME USED AS SUBJECT
Economic development-- Finance.
Economic policy.
Expenditures, Public.
Finance, Public.
Finance.
Financial institutions.
BUSINESS & ECONOMICS-- Development-- Business Development.
BUSINESS & ECONOMICS-- Development-- Economic Development.
BUSINESS & ECONOMICS-- Development-- General.
BUSINESS & ECONOMICS-- Government & Business.
BUSINESS & ECONOMICS-- Structural Adjustment.
Economic development-- Finance.
Economic policy.
Expenditures, Public.
Finance, Public.
Finance.
Financial institutions.
POLITICAL SCIENCE-- Public Policy-- Economic Policy.
(SUBJECT CATEGORY (Provisional
BUS-- 020000
BUS-- 062000
BUS-- 068000
BUS-- 079000
BUS-- 092000
POL-- 024000
DEWEY DECIMAL CLASSIFICATION
Number
338
.
9
LIBRARY OF CONGRESS CLASSIFICATION
Class number
HD75
Book number
.
C367
2001eb
PERSONAL NAME - PRIMARY RESPONSIBILITY
Caprio, Gerard.
PERSONAL NAME - ALTERNATIVE RESPONSIBILITY
Honohan, Patrick.
ORIGINATING SOURCE
Date of Transaction
20201204032156.0
Cataloguing Rules (Descriptive Conventions))
pn
ELECTRONIC LOCATION AND ACCESS
Electronic name
مطالعه متن کتاب [Book]
Y
