Money, Banking and the Foreign Exchange Market in Emerging Economies
Author | : Tarron Khemraj |
Publisher | : Edward Elgar Publishing |
Total Pages | : 177 |
Release | : 2014-07-31 |
ISBN-10 | : 9781782548386 |
ISBN-13 | : 1782548386 |
Rating | : 4/5 (86 Downloads) |
Download or read book Money, Banking and the Foreign Exchange Market in Emerging Economies written by Tarron Khemraj and published by Edward Elgar Publishing. This book was released on 2014-07-31 with total page 177 pages. Available in PDF, EPUB and Kindle. Book excerpt: Despite the financial liberalization agenda of the mid-1980s, a system of bank oligopolies has developed in both large and small, open developing economies. Mainstream monetary theory tends to assume a capital markets structure and is therefore not wel