MCKINNON-SHAW VERSUS THE NEOSTRUCTURALISTS ON FINANCIAL LIBERALIZATION - A CONCEPTUAL NOTE

被引:4
作者
CHO, YJ
机构
[1] The World Bank, Washington, DC
关键词
D O I
10.1016/0305-750X(90)90131-G
中图分类号
F0 [经济学]; F1 [世界各国经济概况、经济史、经济地理]; C [社会科学总论];
学科分类号
0201 ; 020105 ; 03 ; 0303 ;
摘要
The views of the McKinnon-Shaw group and the neostructuralists differ about the approach to financial liberalization, not about financial liberalization itself. The neostructuralists' view-as it is normally interpreted-is misleading in that it recommends that developing countries maintain low interest rates in the banking sector. A practical way for developing countries to pursue financial liberalization would be through the organized financial system. © 1990.
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页码:477 / 480
页数:4
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