From Monobank to Commercial Banking: Financial Sector Reforms in Vietnam
Jens Kovsted · John Rand · Finn Tarp
Jan 2005 · Institute of Southeast Asian Studies
5.0star
1 reviewreport
Ebook
170
Pages
reportRatings and reviews aren’t verified Learn More
About this ebook
This study analyses the difficulties and problems encountered in transforming the Vietnamese financial sector from one that is subordinate to government objectives and goals to an autonomous sector guided by market forces and competitive pressures. Here, the history of financial sector liberalization is traced and close attention paid to the activities and autonomy of the State Bank of Vietnam, the institution responsible for the supervision and regulation of the financial sector in Vietnam. Overall, the authors argue that ensuring a timely, fair and transparent supervision and regulation of the financial sector is of central importance to financial sector development and stability. Liberalizing financial markets is not solely a question of limiting and/or restricting government influence but may in fact involve the opposite, the influence and power of supervisory and regulatory institutions in many cases needing to be strengthened.
Ratings and reviews
5.0
1 review
About the author
• Jens Kovsted is an analysis manager at the Centre for Economic and Commercial Research (CEBR), which is linked to the Copenhagen Business School
• Finn Tarp is Professor of development economic, University of Copenhagen
Rate this ebook
Tell us what you think.
Reading information
Smartphones and tablets
Install the Google Play Books app for Android and iPad/iPhone. It syncs automatically with your account and allows you to read online or offline wherever you are.
Laptops and computers
You can listen to audiobooks purchased on Google Play using your computer's web browser.
eReaders and other devices
To read on e-ink devices like Kobo eReaders, you'll need to download a file and transfer it to your device. Follow the detailed Help Center instructions to transfer the files to supported eReaders.
