Financial factors in economic development a study of the financial liberalization policy in the Philippines

After developing a framework for analysing the role of the financial sector in economic growth, the author reviews the evolution of Philippine financial reform and examines the impact of financial reform on savings, efficiency of allocation, long-term capital supply and use of external capital. He n...

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Bibliographische Detailangaben
Veröffentlicht in:The developing economies
1. Verfasser: Okuda, Hidenobu (VerfasserIn)
Format: UnknownFormat
Sprache:eng
Veröffentlicht: 1991
Schlagworte:
1970-1988 > Wachstumspolitik > Finanzmarktregulierung > Deregulierung > Philippinen > Wirtschaftsentwicklung > Liberalismus > Kreditwesen > Kreditpolitik > Geldpolitik > Aufsatz in Zeitschrift
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Zusammenfassung:After developing a framework for analysing the role of the financial sector in economic growth, the author reviews the evolution of Philippine financial reform and examines the impact of financial reform on savings, efficiency of allocation, long-term capital supply and use of external capital. He notes that the financial liberalization of the 1980s achieved some success in financial deepening and lengthening capital maturity, but the savings rate failed to improve and investment efficiency worsened. (DÜI-Sen)
Beschreibung:Graph. Darst
11 graph. Darst., 1 Tab., Lit. S. 269-270
ISSN:0012-1533