00685nam a2200097Ia 450000500170000010000230001724500670004026000090010752004520011658300190056820260716043337.0 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