What might interest rate liberalization do to intermediation and the cost of capital in China? China's most binding interest rate control is a ceiling on the de

This book by Hassanali Mehran, Bernard Laurens, and Marc Quintyn brings together the papers presented at a seminar held in Beijing, China, in August 1995 and sp

China has been moving to a more market oriented financial system, which has implications for the monetary policy environment. The paper investigates the stabili

This paper undertakes a survey of theoretical considerations and an analysis of the experience of five African countries with interest rate liberalization. Desp