Development and Financial Reform in Emerging Economies

Development and Financial Reform in Emerging Economies

by Nicholas Perdikis, Kobil Ruziev

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Modern development strategy relies heavily on uncompromising orthodox economic theory and a dogmatic faith in market efficiency. In contrast, the essays in this volume aim to emphasize the importance of historic experiences to evolve a more realistic and dynamic view of how such development could be formalized. The volume goes on to evaluate financial reform in emerging economies and the importance of financial regulation in market-based economies.--

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