Sentences with phrase «financial liberalisation»

These countries may want to contemplate Chilean - style capital controls (price - based aimed at short - term flows) and to moderate the pace of financial liberalisation, to keep in step with the pace of development of financial infrastructure.

In addition, and partly as a result of financial liberalisation, the 1980s saw an unsustainable boom in business credit associated with rapid increases in asset prices, particularly commercial property.

The major banks tended to scale back their regional presence, in response to the cost pressures on them after the events of the early 1990s, and the changing economics of branch banking which became apparent as financial liberalisation proceeded.

Most observers of the Australian (and others») experience with financial liberalisation have concluded that: (i) ideally, good risk management practices — including hedging — would be established before full liberalisation, so as to mitigate subsequent risks to financial stability; but (ii) it was difficult to develop such practices until entities were actually exposed to some risk; and (iii) as a result, a somewhat disruptive period of learning by your own mistakes was inevitable.

Not exact matches

We have seen in our own case how liberalisation of financial markets has led to pressures to liberalise product markets (through ongoing tariff reductions and other forms), to bring more competition in the provision of infrastructures (such as transport, communications and power generation), and to free up the labour market (through, for example, enterprise - based wage bargaining).

Contributing to this performance has been a program of economic liberalisation, including increased openness to foreign trade and investment, financial sector deregulation and a more prominent role for the private sector.

The financial markets which have resulted from liberalisation, deregulation and financial globalisation, have their own time - frame which is not that of the value - creation process and less still creation itself, with the slow - downs, or, worse, the interruptions in the returns process.

The liberalisation of the movement of capital since 1974 has greatly facilitated the recycling of «dirty money» - from the sale of drugs and arms through to that generated by white collar criminality - in legalised tax havens and, thanks to banking secrecy, through the financial and industrial organisations otherwise respected in countries «of excellence» reputed for their professionalism and democratic institutions.

Deregulation and liberalisation have transformed several sectors in Nigeria - financial services; airlines and aviation; broadcasting and media - radio, television and newspapers; upstream petroleum; universities and polytechnics; and telecommunications.

The loosening of the regulations in the Shanghai FTZ was announced in 2013 with the aim of testing liberalisation of the Chinese market in key areas such as telecoms, financial and legal.