G2TT
来源类型Discussion paper
规范类型论文
来源IDDP985
DP985 Asymmetric Information, Agency Costs and Innovative Entry
David Audretsch
发表日期1994-07-31
出版年1994
语种英语
摘要While the Israeli stabilization of 1985 has received significant attention in previous work, much less is known about the process of financial opening and liberalization which began shortly afterwards. In contrast to the disinflation policy of 1985, the process of financial liberalization that started in 1987 proceeded in a slow and gradual mode. No official announcement was made about either the precise policy measures or the timetable for the process. As a result of these and other political economy factors, the process has not been completed and there are no strong incentives for policy-makers to further deepen the reforms at the present time. This paper discusses the main elements of financial liberalization in Israel and draws implications that could be relevant for financial opening policies in other countries.
主题International Macroeconomics
关键词Financial opening Financial reforms Gradualism Liberalization
URLhttps://cepr.org/publications/dp985
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/530128
推荐引用方式
GB/T 7714
David Audretsch. DP985 Asymmetric Information, Agency Costs and Innovative Entry. 1994.
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