Financial Liberalization and Economic Performance in Emerging Countries

FERNANDO CARDIM DE CARVALHO Institute of Economics, Federal University of Rio de Janeiro (UFRJ) RICARDO GOTTSCHALK Research Fellow, Institute of Development Studies (IDS) HANSJA-RG HERR Professor of Supranational Integration, Berlin School of Economics, University of Applied Sciences (FHW Berlin) JAN KREGEL Former Head, Policy Analysis and Development Branch of the United Nations Financing for Development Office; Distinguished Research Professor, Centre for Full Employment and Price Stability, University of Missouri, Kansas City; Adjunct Professor, International Economics, John Hopkins University School of Advanced International Studies JAN PRIEWE Professor of Economics, University of Applied Sciences (FHTW Berlin) SUNANDA SEN Academy of Third World Studies, New Delhi; Visiting Professor, Jamia Millia Islamia University, New Delhi CECILIA AZEVEDO SODRE Special Adviser, Secretary of Poverty Reduction, Secretary of Government, Espirito Santo, Brazil FATIMA CARDIAS WILLIAMS Scientist, European Plant Science, Bangor, UK JONATHAN WILLIAMS Senior Lecturer in Banking and Finance, Bangor Business School, Bangor University, Bangor, UK

This book discusses the relationship between financial liberalization, financial deepening and economic performance from both a theoretical and a policy perspective, comparing several 'big' emerging countries: Argentina, Brazil, China, India, Russia, South Africa and India, amongst others.This book discusses the relationship between financial liberalization, financial deepening and economic performance from both a theoretical and a policy perspective, comparing several 'big' emerging countries: Argentina, Brazil, China, India, Russia, South Africa and India, amongst others.