An Attempt at Financial Sector Institutional Reform in Central Asia
Author: Bushra Hamid
Publisher:
Published: 1999
Total Pages: 318
ISBN-13:
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Author: Bushra Hamid
Publisher:
Published: 1999
Total Pages: 318
ISBN-13:
DOWNLOAD EBOOKAuthor: Joachim Ahrens
Publisher: Routledge
Published: 2013
Total Pages: 306
ISBN-13: 0415602009
DOWNLOAD EBOOKThe countries of Central Asia are increasingly the focus of intense international attention due to their geopolitical and economic importance as well as their unsettled transition processes. The region faced enormous challenges when the Soviet Union disintegrated, and this book focuses on the reforms of the institutional environment that have been largely neglected. Through an interdisciplinary approach, the book explores key aspects of institution building as well as economic and political governance in Central Asia. Contributors from a variety of disciplines, such as economics, political economy, political science, sociology, law, and ethnology, investigate the challenges of institutional transition in a non-democratic region. The book discusses how the lack of effective institution building as well as rule enforcement in the economic and political realms represents one of the key weaknesses and drawbacks of transition, and goes on to look at how crafting market institutions will be of utmost importance in the years ahead. Making an important contribution to understanding of political-economic developments in Central Asia, this book is of interest to students and scholars of political economy, comparative economics, development studies and Central Asian studies.
Author: Carl-Johan Lindgren
Publisher:
Published: 1999
Total Pages: 103
ISBN-13: 9781557758712
DOWNLOAD EBOOKAn IMF paper reviewing the policy responses of Indonesia, Korea and Thailand to the 1997 Asian crisis, comparing the actions of these three countries with those of Malaysia and the Philippines. Although all judgements are still tentative, important lessons can be learned from the experiences of the last two years.
Author: André Broome
Publisher: Palgrave MacMillan
Published: 2010-03-10
Total Pages: 246
ISBN-13:
DOWNLOAD EBOOK"States aggressively defend their right to make national monetary policy choices as a fundamental sovereign prerogative. This book examines how the International Monetary Fund engages in the politics of ideas to shape monetary system change in conditions of extreme economic uncertainty. Drawing on case studies from post-Soviet Central Asia, Andre Broome explains that how governments interpret their policy options mediates the IMF's influence over policy reform in periods of financial crisis. The book also shows how IMF staff play a larger role in determining access to loans than is often recognized by scholars who focus on major power influence on the IMF. By acting as a reputational intermediary, the IMF attempts to boost its impact on national policy reform in exchange for improving the sovereign creditworthiness of borrower states, but its influence over the implementation of formal policy changes is often frustrated by everyday politics."--Back cover.
Author: Matt Andrews
Publisher: Cambridge University Press
Published: 2013-02-11
Total Pages: 267
ISBN-13: 1139619640
DOWNLOAD EBOOKDeveloping countries commonly adopt reforms to improve their governments yet they usually fail to produce more functional and effective governments. Andrews argues that reforms often fail to make governments better because they are introduced as signals to gain short-term support. These signals introduce unrealistic best practices that do not fit developing country contexts and are not considered relevant by implementing agents. The result is a set of new forms that do not function. However, there are realistic solutions emerging from institutional reforms in some developing countries. Lessons from these experiences suggest that reform limits, although challenging to adopt, can be overcome by focusing change on problem solving through an incremental process that involves multiple agents.
Author: Masahiro Kawai
Publisher: Brookings Institution Press
Published: 2011
Total Pages: 338
ISBN-13: 0815722109
DOWNLOAD EBOOK"Examines Asia's emerging markets, which survived the financial debacle of 2008-09 with only modest declines in growth; discusses activities that could dampen continuing development in these markets including inflation, surging capital inflows, asset and credit bubbles, and rapid currency appreciation; and offers strategies to promote financial stability"--Provided by publisher.
Author: Maurizio Bussolo
Publisher: World Bank Publications
Published: 2018-10-24
Total Pages: 248
ISBN-13: 146481354X
DOWNLOAD EBOOKThe growing economic fissures in the societies of Europe and Central Asia between generations, between insiders and outsiders in the labor market, between rural and urban communities, and between the super-rich and everyone else, are threatening the sustainability of the social contract. The institutions that helped achieving a remarkable degree of equity and prosperity over the course of several decades now face considerable difficulties in coping with the challenges presented by these emerging forms of inequality. Public surveys reveal rising concerns over inequality of opportunity, while electoral results show a marked shift to populist parties that offer radical solutions to voters dissatisfied with the status quo. There is no single solution to relieve these tensions, and attempts to address them will vary considerably across the region. However, this publication proposes three broad policy principles: (1) promote labor market flexibility while maintaining protection for all types of labor contracts; (2) seek universality in the provision of social assistance, social insurance, and basic quality services; and (3) expand the tax base by complementing progressive labor-income taxation with taxation of capital. These principles could guide the rethinking of the social contract and fulfil European citizens’ aspirations for growth and equity.
Author: Board of Governors of the Federal Reserve System
Publisher:
Published: 2002
Total Pages: 0
ISBN-13: 9780894991967
DOWNLOAD EBOOKProvides an in-depth overview of the Federal Reserve System, including information about monetary policy and the economy, the Federal Reserve in the international sphere, supervision and regulation, consumer and community affairs and services offered by Reserve Banks. Contains several appendixes, including a brief explanation of Federal Reserve regulations, a glossary of terms, and a list of additional publications.
Author: Mr. Ernesto Ramirez Rigo
Publisher: International Monetary Fund
Published: 2021-09-20
Total Pages: 153
ISBN-13: 1513594087
DOWNLOAD EBOOKPrior to the COVID-19 shock, the key challenge facing policymakers in the Middle East, North Africa, and Central Asia region was how to generate strong, sustainable, job-rich, inclusive growth. Post-COVID-19, this challenge has only grown given the additional reduction in fiscal space due to the crisis and the increased need to support the recovery. The sizable state-owned enterprise (SOE) footprint in the region, together with its cost to the government, call for revisiting the SOE sector to help open fiscal space and look for growth opportunities.
Author: Masahiro Kawai
Publisher: Brookings Institution Press
Published: 2011
Total Pages: 441
ISBN-13: 0815704895
DOWNLOAD EBOOK"In the wake of the global financial crisis that began in 2008, offers a systematic overview of recent developments in regulatory frameworks in advanced and emerging-market countries, outlining challenges to improving regulation, markets, and access in developing economies"--Provided by publisher.