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Keywords
- banking
- banking crisis
- Banking Industry
- development
- political economy
- Rating
- transition
About this book
Reviews
'Stein, Ajakaiye, and Lewis...convincingly demonstrate the weakness of the McKinnon-Shaw financial repression hypothesis...[They] reveal that the insistence by the International Monetary Fund and World Bank on orthodox financial liberalization has contributed to reductions in real financial savings, real lending to the private sector, and investment in Nigeria and other African countries...The policy implications of this thorough study are an emphasis on building financial institutions and regulating and supervising banks, and a rejection of financial price deregulation and an America-style arms-length system of banking in developing countries.' - Professor E. Wayne Nafziger, Department of Economics, Kansas State University
'...provides a welcome and timely addition to the literature on financial liberalization...The book concentrates on the dangers of deregulation in Nigeria with clear implications to the rest of Africa. In doing so it also draws on
the experience ofother countries such as Venezuela, Russia and Korea...[A]n extremely original work with important contributions to theoretical, institutional and policy issues related to the question of financial liberalization and its alternatives in developing countries.' - Philip Arestis, Professor of Economics, South Bank University, London
About the authors
Bibliographic Information
Book Title: Deregulation and the Banking Crisis in Nigeria
Book Subtitle: A Comparative Study
Editors: H. Stein, O. Ajakaiye, P. Lewis
Series Title: International Political Economy Series
Publisher: Palgrave Macmillan London
eBook Packages: Economics and Finance (R0)
Copyright Information: Palgrave Macmillan, a division of Macmillan Publishers Limited 2002
Hardcover ISBN: 978-0-333-72142-1Published: 07 November 2001
Softcover ISBN: 978-1-349-65083-5Published: 07 November 2001
Series ISSN: 2662-2483
Series E-ISSN: 2662-2491
Edition Number: 1
Number of Pages: XX, 270