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Financial Liberalisation
Financial Liberalisation is a term describing a series of policies that aim to remove other polices that are seen to constrain the effects of free markets in the area of finance most often in developing economies. The main types of polices discussed under this label typically involve reforming the domestic financial sector (often privatization and expansion in credit for the private sector) ; the liberalisation of stock markets (typically opening up to foreign investors); allowing domestic firms to more free access international financial markets; and the liberalisation of the capital account (typically with the relaxation of exchange controls on capital account transactions); a lowering of reserve requirements. Gibson, H. D., & Tsakalotos, E. (1994). The scope and limits of financial liberalisation in developing countries: A critical survey. The Journal of Development Studies, 30(3), 578-628. References {{Reflist Economic liberalization Monetary economics Financial regulation De ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Maxwell J
Maxwell may refer to: People * Maxwell (surname), including a list of people and fictional characters with the name ** James Clerk Maxwell, mathematician and physicist * Justice Maxwell (other) * Maxwell baronets, in the Baronetage of Nova Scotia * Maxwell (footballer, born 1979), Brazilian forward * Maxwell (footballer, born 1981), Brazilian left-back * Maxwell (footballer, born 1986), Brazilian striker * Maxwell (footballer, born 1989), Brazilian left-back * Maxwell (footballer, born 1995), Brazilian forward * Maxwell (musician) (born 1973), American R&B and neo-soul singer * Maxwell (rapper) (born 1993), German rapper, member of rap band 187 Strassenbande * Maxwell Jacob Friedman (born 1996), American professional wrestler * Maxwell Silva (born 1953), Sri Lankan Sinhala Catholic cleric, Archdiocese of Colombo, Auxiliary Bishop of Colombo Places United States * Maxwell, California * Maxwell, Indiana * Maxwell, Iowa * Maxwell, Nebraska * Maxwell, New Mexico * Maxwe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ajit Singh (economist)
Ajit Singh ( – ) was an Indian-born Professor of Economics at Cambridge University. One of the world's most renowned Indian-born economists, Singh made fundamental academic contributions in the areas of modern business enterprise, de-industrialisation in advanced and emerging economies and the globalisation of financial and product markets. Early life and education Singh was born in Lahore in pre-partition India, and graduated with a B.A. in mathematics and economics from Punjab University in 1958. He obtained an M.A. in economics from Howard University in 1960, and a PhD in economics at the University of California, Berkeley in 1970. One of his life-long friendships was with former Indian Prime Minister Manmohan Singh. He had been a student of Dr. Manmohan Singh as an undergraduate at Punjab University. Career Singh was appointed as a member of the faculty of economics at University of Cambridge in 1965 and became a fellow of Queens' College. Professor Singh published 17 bo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economic Liberalization
Economic liberalization, or economic liberalisation, is the lessening of government regulations and restrictions in an economy in exchange for greater participation by private entities. In politics, the doctrine is associated with classical liberalism and neoliberalism. Liberalization in short is "the removal of controls" to encourage economic development. Many countries have pursued and followed the path of economic liberalization in the 1980s, 1990s and in the 21st century, with the stated goal of maintaining or increasing their competitiveness as business environments. Liberalization policies may or often include the partial or complete privatization of government institutions and state-owned assets, greater labour market flexibility, lower tax rates for businesses, less restrictions on both domestic and foreign capital, open markets, etc. In support of liberalization, former British prime minister Tony Blair wrote: "Success will go to those companies and countries which are ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Monetary Economics
Monetary economics is the branch of economics that studies the different theories of money: it provides a framework for analyzing money and considers its functions (as medium of exchange, store of value, and unit of account), and it considers how money can gain acceptance purely because of its convenience as a Public good (economics), public good. The discipline has historically prefigured, and remains integrally linked to, macroeconomics. This branch also examines the effects of monetary systems, including regulation of money and associated financial institutions and international aspects. Modern analysis has attempted to provide microfoundations for the demand for money and to distinguish valid nominal value, nominal and real monetary relationships for micro or macro uses, including their influence on the aggregate demand for output. Its methods include deriving and testing the implications of money as a substitute for other assets and as based on explicit frictions. History I ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Regulation
Financial regulation is a broad set of policies that apply to the financial sector in most jurisdictions, justified by two main features of finance: systemic risk, which implies that the failure of financial firms involves public interest considerations; and information asymmetry, which justifies curbs on freedom of contract in selected areas of financial services, particularly those that involve retail clients and/or principal–agent problems. An integral part of financial regulation is the supervision of designated financial firms and markets by specialized authorities such as securities commissions and bank supervision, bank supervisors. In some jurisdictions, certain aspects of financial supervision are delegated to self-regulatory organizations. Financial regulation forms one of three legal categories which constitutes the content of financial law, the other two being market practices and case law. History In the early modern period, the Dutch were the pioneers in finan ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
