00656nam a2200085Ia 4500100002300000245006700023260000900090520045200099583001900551  aFITZGERALD, E.V.K.  aFinancial liberalization : the lessons for Commonwealth LDC's.  c1996  aHighlights the key lessons for developing countries in undertaking financial reform.  These include the need for a gradual approach, ensuring first that banks are solvent and budget deficits are under control; discouragement of speculative short term flows; encouragement of domestic savings, provision of longterm credit to export-oriented and small and medium sized enterprises; and maintenance of prudent regulation of financial intermediaries.  c3/7/00kM2LMGR