From the 1950s to the early 1970s, Sri Lankan governments pursued controls on the financial sector and have further reduced controls since 1977. This article links those financial sector reforms (falling controls) and the financial sector performance of Sri Lanka by testing hypotheses estimating...

: H25, H32, G21, G32

In this study we try to detect the relationship between financial and real sector employing in the estimation procedure the recent time-series techniques of co-integration, vector error-correction modelling and Granger multivariate causality. We contribute to the existing literature by using for...

The study explored the sequencing and actions so far taken in the liberalization process in Kenya and the interest rate levels, spreads and determining factors, as an indicator of financial sector response to the reform process.

This paper looks at the issue of reforming financial regulatory structures from the New Institutional Economics perspective. In particular, it examines how the broader institutional environment prevailing in developing countries like the Philippines may affect the institutional arrangements for...

Analysis of the performance of rural, private commercial and private development banks indicates that while private commercial banks has done intensive savings mobilization drive outside NCR, the performance of these three financial institutions depend on their operating policy framework and the...

Starting from early 1960s to late 1970s, this study conducts a survey of the literature dealing with Philippine monetary policy and related aspects of the financial market. In doing so, several important research problems are noted. Hence, this study is able to aid researchers, planners and...

In its attempt to examine the transaction cost of banks, this study develops a method of estimating transaction cost for each bank activity. It also explains the differences and the composition cost among commercial private development and rural banks. Results in this paper is hoped to improve...

This paper makes a brief review of the good intentions that has resulted to the world’s worst financial recession. It offers several measures necessary to assist the adjustment process of the financial system. In addition, it also discusses the factors outside the scope of the financial system...

This paper attempts to describe and analyze the extent of problems in the Philippine financial system, their causes, regulatory and supervisory responses to such problems and the incidence of the costs of bank failures. These are all in the hope of providing lessons that are useful in...