Series: IMF Working Papers
Author(s): Huw Pill , and Mahmood Pradhan
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 November 1995
Keywords: financial liberalization, financial sector development, financial sector, financial system, financial deepening
Deregulation of the financial system often proceeds in tandem with macroeconomic stabilization centered on monetary and other financial targets. This paper presents a model where there may be conflict between these...