000			01850nam a2200277 a 4500
003			arcduce
005			20230622223601.0
007			t|
008			230622s1991 mdu||||| |||| 00| 0 eng d
020			_a0801841704
040			_aarcduce _carcduce
082	0		_a339.530947
100			_aMcKinnon, Ronald I
245	1	4	_aThe order of economic liberalization : _bfinancial control in the transition to a market economy / _cRonald I. McKinnon
260			_aBaltimore, Md. : _bJohns Hopkins University Press, _c1991
300			_axii, 200 p. : _bil.
490	0		_aJohns Hopkins studies in development
504			_aIncluye bibliografía
505	0		_aPreface -- 1. Introduction: the order of economic liberalization -- 2. Financial repression and the productivity of capital: empirical findings on interest rates and exchange rates -- 3. High real interest rates: Japan and Taiwan versus Chile -- 4. Instruments of financial repression -- 5. Inflation tax, monetary control, and reserve requirements on commercial banks -- 6. Macroeconomic control during disinflation: Chile versus South Korea -- 7. Macroeconomic instability and moral hazard in banking -- 8. Protectionism in foreign trade: quotas versus tariffs -- 9. Exchange-rate policy in repressed and open economies -- 10. The international capital market and economic liberalization: the overborrowing syndrome -- 11. Stabilizing the ruble: financial control during the transition from a centrally planned to a market economy -- 12. Foreign trade, protection, and negative value-added in a liberalizing socialist economy -- References -- Index.
650		4	_aPOLITICA MONETARIA _9378
650		4	_aLIBERALIZACION ECONOMICA _96968
650		4	_aECONOMIA DE MERCADO _9349
650		4	_aPOLITICA ECONOMICA _9111
710			_aJohns Hopkins University
942			_cLIBR _j339.530947 M 48930 _2ddc
999			_c18079 _d18079