n AfricaGrowth Agenda - Financial repression and the pricing conundrum in Lesotho : the reforms should be reformed too

Volume 2008, Issue 1
  • ISSN : 1811-5187


A sound, stable and efficient financial sector is necessary for the attainment of the main macroeconomic objectives, including sustainable output and employment growth. An efficient financial sector improves the demand for money and thus expedites the process of physical capital accumulation.

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