Towards Financial Independence in a Developing Economy

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A01=R. A. Sowelem
African economic history
Author_R. A. Sowelem
balance of payments analysis
Category=KCM
Category=KFFK
central bank establishment case study
colonial monetary systems
currency stabilisation strategies
eq_bestseller
eq_business-finance-law
eq_isMigrated=1
eq_isMigrated=2
eq_nobargain
eq_non-fiction
financial sector reform
non-bank intermediaries

Product details

  • ISBN 9780415593724
  • Weight: 770g
  • Dimensions: 156 x 234mm
  • Publication Date: 26 Nov 2010
  • Publisher: Taylor & Francis Ltd
  • Publication City/Country: GB
  • Product Form: Hardback
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First published in 1967, this is a unique study of the establishment of the Bank of Rhodesia and Nyasland – a central bank and London-type money market in a financially externally dependent economy.

The book deals with the adaptation and initiation of financial institutions in a developing country previously completely dependent on external financial centres and externally controlled financial institutions. Dr Sowelem’s authoritative and detailed study provides valuable information on the inter-related questions of central bank control and the development of specialist money markets in developing countries.

R.A. Sowelem, University of Leeds. Foreword by W.T. Newlyn, Professor of Development Economics, University of Leeds.

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