Financial-sector reforms in LDCs
- Author: United Nations Conference on Trade and Development
- Main Title: The Least Developed Countries Report 1996 , pp 87-105
- Publication Date: December 1996
- DOI: https://doi.org/10.18356/e24706a8-en
- Language: English
A serious constraint on economic growth and structural transformation in the LDCs is the poorly developed nature of their financial systems. Levels of financial intermediation are low in relation to the size of GDP, financial systems are relatively undiversified, financial institutions (FIs) are often inefficient and their financial status is precarious due, inter alia, to the accumulation of non-performing loans and inadequate capitalization.
© United Nations
ISBN (PDF):
9789210451352
Book DOI:
https://doi.org/10.18356/cdd8d339-en
Related Subject(s):
Economic and Social Development
Sustainable Development Goals:
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