Regulation of financial institutions in the Caribbean: implications for growth and development
This paper examines regulations governing financial institutions in the Caribbean and their impact on the growth, development and stability of the financial systems. The argument for stability is premised on the interpretation of the concept as a state in which changes take place in such a way as to inspire confidence in the financial system. Confidence creation, in turn, is essential if systems are to be innovative and grow. Other factors critical to the development of financial systems are, for example, the rate of economic growth and of financial savings. Regulatory arrangements will therefore need to keep pace and be reviewed constantly
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| Format: | biblioteca |
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1989
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| Subjects: | FINANCIAMIENTO E INVERSIONES, DESARROLLO ECONOMICO, INSTITUCIONES FINANCIERAS, MERCADO FINANCIERO, CRECIMIENTO ECONOMICO, ESTABILIZACION ECONOMICA, AHORROS, BANCOS COMERCIALES, POLITICA FINANCIERA, CARIBE, |
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| Summary: | This paper examines regulations governing financial institutions in the Caribbean and their impact on the growth, development and stability of the financial systems. The argument for stability is premised on the interpretation of the concept as a state in which changes take place in such a way as to inspire confidence in the financial system. Confidence creation, in turn, is essential if systems are to be innovative and grow. Other factors critical to the development of financial systems are, for example, the rate of economic growth and of financial savings. Regulatory arrangements will therefore need to keep pace and be reviewed constantly |
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