n AfricaGrowth Agenda - Interest rate deregulation policy in developing countries - some controversies

Volume 2008, Issue 4
  • ISSN : 1811-5187


Since the re-invention of the financial liberalisation concept in the 1970s, many developing countries have made attempts to liberalise their financial sectors by deregulating interest rates, eliminating or reducing credit controls, allowing free entry into the banking sector, giving autonomy to commercial banks, permitting private ownership of banks and liberalising international capital flows.

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