One of the key constraints to accelerated economic performance in developing countries is, in the authors' view, the absence of strong, dynamic financial systems. Many, if not most, developing countries suffer from repressed financial systems. Thus the most important step in effecting the development of capital markets is to lay a foundation of sound macroeconomic, sectorial, and regulatory policies conducive to financial sector development. This book presents a unique approach to financial sector reform composed of financial sector diagnosis, policy and institutional targeting, macroeconomic reforms, bank regulation and supervision reform, and privatization.
NEAL S. ZANK is a consultant and Research Associate at the Center for Global Management and Research at the George Washington University. He is coauthor of Reforming Financial Systems: Policy Change and Privatization (Greenwood, 1991) and Welfare System Reform: Coordinating Federal, State, and Local Public Assistance Programs (Greenwood, 1993), and he has written numerous articles on job training, foreign aid, and international economic issues. Mr. Zank was Associate Director of the National Commission for Employment Policy (1990-1993) and a staff member for two Presidential commissions and the U.S. Agency for International Development.
JOHN A. MATHIESON is Director of the International Policy Center of SRI International. He is the co-author of two books, The United States and the Third World (1982) and Struggle Against Dependence: Nontraditional Export Growth in Central America and the Caribbean (with Kathleen D. Vickland, 1988).
FRANK T. NIEDER is Senior International Economist with the International Policy Center of SRI International--Washington. He has worked extensively on macroeconomic, finance, and trade and investment promotion issues in developing countries.
KATHLEEN D. VICKLAND is Senior International Economist with the International Policy Center of SRI International--Washington. In addition to co-authoring Struggle Against Dependence, she has authored several articles and papers on economic development issues.
RONALD J. IVEY is a Senior Manager with Ernst and Young's International Management Consulting Group. He has extensive experience in privatization and private sector development in developing countries.
NEAL S. ZANK is a consultant and Research Associate at the Center for Global Management and Research at the George Washington University. He is coauthor of Reforming Financial Systems: Policy Change and Privatization (Greenwood, 1991) and Welfare System Reform: Coordinating Federal, State, and Local Public Assistance Programs (Greenwood, 1993), and he has written numerous articles on job training, foreign aid, and international economic issues. Mr. Zank was Associate Director of the National Commission for Employment Policy (1990-1993) and a staff member for two Presidential commissions and the U.S. Agency for International Development.
JOHN A. MATHIESON is Director of the International Policy Center of SRI International. He is the co-author of two books, The United States and the Third World (1982) and Struggle Against Dependence: Nontraditional Export Growth in Central America and the Caribbean (with Kathleen D. Vickland, 1988).
FRANK T. NIEDER is Senior International Economist with the International Policy Center of SRI International--Washington. He has worked extensively on macroeconomic, finance, and trade and investment promotion issues in developing countries.
KATHLEEN D. VICKLAND is Senior International Economist with the International Policy Center of SRI International--Washington. In addition to co-authoring Struggle Against Dependence, she has authored several articles and papers on economic development issues.
RONALD J. IVEY is a Senior Manager with Ernst and Young's International Management Consulting Group. He has extensive experience in privatization and private sector development in developing countries.
