Condiciones de Exito para una Reforma Financiera

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1992-11

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Ohio State University. Department of Agricultural, Environmental, and Development Economics

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This paper examines conditions for success of a financial reform. Special attention is devoted to a clear definition of the objectives for reform. These objectives spring, in turn, from the view of finance either as a mechanism for market integration or as a fiscal tool. The shortcomings of finance as a fiscal instrument are examined. The components of a market-oriented reform are identified.

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