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African finance: Research and reform (A Sequoia seminar) Hardcover – 1993


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Editorial Reviews

From the Publisher

This volume is the result of one in a series of ten seminars designed to reexamine established precepts and practices of economic and political development. Each reflects the series theme -- Including the Excluded: Extending the Benefits of Development. Throughout the series, contemporary Third World experience is explicitly joined with the historical experience of the United States and other countries during comparable periods of development. The lively, frequently pointed, always instructive give-and-take among seminar participants is included in non-summarized form in each of the resulting products, published by ICS Press on behalf of their producer, Sequoia Institute, as Sequoia Seminar Publications.

From the Inside Flap

African Finance joins another book in the Sequoia Seminar series, If Texas Were Chile: A Primer on Banking Reform, as a geographically centered application of the universal, abiding principles and questions that were introduced in Capital Markets and Development, an earlier volume in the series. In each of these books, the elementary objective of financing enterprise, rather than indigence (or corruption), is seen to require institutions that enable money to be matched with merit - thereby minimizing rewards to wasteful activities.
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