GOODBYE FINANCIAL REPRESSION, HELLO FINANCIAL CRASH
GOODBYE FINANCIAL REPRESSION, HELLO FINANCIAL CRASH
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DOI：
10.1016/0304-3878(85)90036-7
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发表时间：
1985-01-01
影响因子：
5
通讯作者：
DIAZALEJANDRO, C
中科院分区：
文献类型：
--
作者：
DIAZALEJANDRO, C
本文分析了拉丁美洲金融自由化的一些意想不到的后果。金融市场的内在缺陷，以及它们所带来的政策困境，首先进行审查。然后介绍了南锥体金融自由化实验的典型事实。在拉丁美洲条件下组织国内资本市场的替代方式进行了讨论，并提出了一个折衷的，改革贩卖计划。
Some unintended consequences of financial liberalization in Latin America are analyzed in this paper. Intrinsic imperfections in financial markets, and the policy dilemmas they pose, are reviewed first. The stylized facts of Southern Cone experiments in financial liberation are then presented. Alternative ways of organizing domestic capital markets under Latin American conditions are discussed, and an eclectic, reform mongering program is proposed.