01795cas a2200241 a 4500 AALejournalIMF001989 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451954661 1018-5941 BD-DhAAL BD-DhAAL International Monetary Fund. Issues in Managing and Sequencing Financial Sector Reforms Lessons From Experiences in Five Developing Countries. Washington, D.C. : International Monetary Fund, 1992. 1 online resource (104 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students A review of the experience of five developing countries in reforming their financial systems illustrates the benefits and risks, and provides lessons on the factors which contribute to successful financial sector reforms. Financial sector reforms need to be supported by active monetary policy, and the adoption of new monetary control procedures early in the reform program; reforms should be sequenced consistently with the broader program of macroeconomic adjustment. The pace of liberalization of interest rates and credit should also take account of the solvency of financial and nonfinancial firms. A minimal system of prudential regulation is an essential element of successful financial sector reform. Mode of access: Internet IMF Working Papers; Working Paper ; No. 1992/082 Full text available on IMF http://elibrary.imf.org/view/journals/001/1992/082/001.1992.issue-082-en.xml IMF e-Library