Publisher description for Modernizing financial systems / edited by Dimitri B. Papadimitriou.

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The essays included in this volume seek to provide an understanding of the key issues that should be kept in mind in reforming and modernizing financial systems. They also explore various policy proposals for the development of an institutional framework which will ensure the safety of the payment system, the competitive nature of financial services forms and the incentive for prudent risk taking and sound portfolio investments.

Library of Congress subject headings for this publication: Financial institutions State supervision, Financial services industry State supervision