Building Sound Finance in Emerging Market Economies: Proceedings of a Conference Held in Washington, D.C., June 10-11, 1993

The 12 papers in this book explore issues in building a financial structure suitable for economies in transition. They cover four main topics: the problem of old and new debts; the development of a sound and efficient payment system; the establishment of an appropriate financial structure; and the importance of credit in the development of the real economy.