Financial Liberalization and Intervention
Author | : Santonu Basu |
Publisher | : Edward Elgar Publishing |
Total Pages | : 176 |
Release | : 2002 |
ISBN-10 | : UCSD:31822031249733 |
ISBN-13 | : |
Rating | : 4/5 (33 Downloads) |
Download or read book Financial Liberalization and Intervention written by Santonu Basu and published by Edward Elgar Publishing. This book was released on 2002 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt: Basu (business, South Bank U., London) examines why policies of financial liberalization and intervention have failed to improve all borrowers' access to the loan market. His theory of credit rationing introduces the concepts of credit standard and credit risk as a way of understanding why bankers ration credit to some while offering loans to others. The text is based upon the author's Ph.D. dissertation. Annotation copyrighted by Book News, Inc., Portland, OR