A stable and sound financial system plays a critical role in mediating funds from surplus units to investors, making it a prerequisite for economic development.

The concepts of rents and rent-seeking are central to any discussion of the processes of economic development. Yet conventional models of rent-seeking are unabl

Table of contents

The strength of this book is that it summarises a vast amount of the modern literature in monetary economics. . . the book provides detailed and clear descripti

This book empirically examines banking reform in the economies of Southeast Asia as they sought to adapt to major developments in the global economic system ove