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Motivation and scope of study

In: Money, Banking and the Foreign Exchange Market in Emerging Economies

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Despite the financial liberalization agenda of the mid-1980s, a system of bank oligopolies has developed in both large and small, open developing economies. Mainstream monetary theory tends to assume a capital markets structure and is therefore not well suited to an analysis of these economies. This book outlines a unique theoretical framework that can be used to examine monetary and exchange rate policies in developing economies or other economies in which banks dominate external finance.

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  • ., 2014. "Motivation and scope of study," Chapters, in: Money, Banking and the Foreign Exchange Market in Emerging Economies, chapter 1, pages 1-10, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:15473_1
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    Economics and Finance;

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