Experiences with Financial Liberalization

Introduction. I: The African Experience. 1. From Financial Repression to Liberalisation: The Senegalese Experience; J.-C. Berthélemy. 2. Financial Repression and Seigniorage in Ghana; E. Asem, K.L. Gupta. II: The Asian and Latin American Experience. 3. Financial Deregulation in Australia: A Success Story? P.J. Drake. 4. Interest Rate Liberalization and Monetary Control in China; M.J. Fry. 5. Financial Reform, Institutions and Macroeconomic Adjustment: The Destabilizing Effects of Financial Liberalization in the Philippines, 1970-92; R. Vos. 6. Financial Liberalization and Stabilization Policies: The Experience of Chile; K. Phylaktis. III: The Central and East European Experience. 7. Rubles, Rubles, Everywhere... Cash Shortages and Financial Repression in the Economies of the Former Soviet Union; P. Conway. 8. Financial Systems in Transition: The Role of Banks in Corporate Governance; I. Grosfeld. 9. Financial Reforms and Commercial Bank Behavior in Poland; K.L. Gupta, R. Lensink. IV. The Middle-East Experience. 10. Financial Liberalization Under External Debt Constraints: The Case of Turkey; N.K. Ekinci. Contributing Authors.