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6 Speeding Up by Slowing Down: A Market-Building Approach to Financial Sector Reform

6 Speeding Up by Slowing Down: A Market-Building Approach to Financial Sector Reform »

Source: Deepening Structural Reform in Africa : Lessons from East Asia

Series: Books

Author(s): Laura Wallace

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 May 1997

ISBN: 9781557756343

Keywords: structural adjustment, foreign exchange, banking, privatization, central bank

Given the many serious disruptions and financial crises that have been associated with recent attempts to modernize, privatize, and market-orient the financial systems in African countries, it would seem app...

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Source: Deepening Structural Reform in Africa : Lessons from East Asia

Series: Books

Author(s): Laura Wallace

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 May 1997

ISBN: 9781557756343

Keywords: structural adjustment, foreign exchange, banking, privatization, central bank

Basant Kapur I think both of the papers on financial sector reform are very thought-provoking, but I propose to confine my comments to the paper by David Cole and Betty Slade since m...

General Discussion

General Discussion »

Source: Deepening Structural Reform in Africa : Lessons from East Asia

Series: Books

Author(s): Laura Wallace

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 May 1997

ISBN: 9781557756343

Keywords: structural adjustment, foreign exchange, banking, privatization, central bank

Accelerating Fiscal and Financial Sector Reforms In reaction to Peter Heller’s comment that countries should try to reduce their reliance on export taxation, Jean-Claude Brou of Côte...

7 What Next for African Parastatal Enterprises?

7 What Next for African Parastatal Enterprises? »

Source: Deepening Structural Reform in Africa : Lessons from East Asia

Series: Books

Author(s): Laura Wallace

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 May 1997

ISBN: 9781557756343

Keywords: structural adjustment, foreign exchange, banking, privatization, central bank

In contrast to the rest of the world, where the economic and financial weight of parastatal corporations is declining, parastatals in Africa still account for a large amount of economic activity (as measured...

Comments

Comments »

Source: Deepening Structural Reform in Africa : Lessons from East Asia

Series: Books

Author(s): Laura Wallace

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 May 1997

ISBN: 9781557756343

Keywords: structural adjustment, foreign exchange, banking, privatization, central bank

Yasuo Yokoyama Thank you, Mr. Nellis, for your informative speech. I would like to comment by drawing on my own experiences in Nairobi, Kenya, from 1988 to 1992, and in Johannesburg,...

8 Parastatal Reform and Privatization in Côte d’Ivoire

8 Parastatal Reform and Privatization in Côte d’Ivoire »

Source: Deepening Structural Reform in Africa : Lessons from East Asia

Series: Books

Author(s): Laura Wallace

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 May 1997

ISBN: 9781557756343

Keywords: structural adjustment, foreign exchange, banking, privatization, central bank

Following its independence in 1960, Côte d’Ivoire opted for a liberal economy that was built around the agricultural sector, especially export crops such as coffee and cocoa, and that actively sought private...

9 Parastatal Reform and Privatization in Mali

9 Parastatal Reform and Privatization in Mali »

Source: Deepening Structural Reform in Africa : Lessons from East Asia

Series: Books

Author(s): Laura Wallace

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 May 1997

ISBN: 9781557756343

Keywords: structural adjustment, foreign exchange, banking, privatization, central bank

Mali suffered a severe economic and financial crisis in the early 1980s due to natural phenomena and, in particular, the implementation of inappropriate policies. This crisis caused stark imbalances: low gro...

General Discussion

General Discussion »

Source: Deepening Structural Reform in Africa : Lessons from East Asia

Series: Books

Author(s): Laura Wallace

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 May 1997

ISBN: 9781557756343

Keywords: structural adjustment, foreign exchange, banking, privatization, central bank

Accelerating Public Enterprise Reforms Edouard Luboya of Zaïre, a representative of the private sector in Zaïre, began the discussion by suggesting that the presentat...

10 World Bank– and IMF-Supported Programs: A Burkino Faso Perspective

10 World Bank– and IMF-Supported Programs: A Burkino Faso Perspective »

Source: Deepening Structural Reform in Africa : Lessons from East Asia

Series: Books

Author(s): Laura Wallace

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 May 1997

ISBN: 9781557756343

Keywords: structural adjustment, foreign exchange, banking, privatization, central bank

In the latter half of the 1970s and the early 1980s, most African countries, like other developing countries, were hit hard by the negative effects of trends in the international economic environment—particu...

11 World Bank– and IMF-Supported Programs: A Zambian Perspective

11 World Bank– and IMF-Supported Programs: A Zambian Perspective »

Source: Deepening Structural Reform in Africa : Lessons from East Asia

Series: Books

Author(s): Laura Wallace

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 May 1997

ISBN: 9781557756343

Keywords: structural adjustment, foreign exchange, banking, privatization, central bank

Zambia’s relationship with the World Bank and the IMF goes back to 1956 and 1965, respectively. However, this long-standing relationship has not been without problems. The major aim of this paper is to provi...