Towards financial independence in a developing economy: an analysis of the monetary experience of the federation of Rhodesia and Nyasaland

By:

Sowelem, R. A

Contributor(s):

Newlyn, W. T. (Fwd.)

Material type: Text

TextPublication details: London; George Allen & Unwin; 1967Description: 329 pSubject(s):

Economy

DDC classification:

332.112096891 SOW

Summary: This study of the establishment of a new central bank and of a London-type money market, in a financially externally dependent economy, is unique. It is unique because it covers the whole life of the Bank of Rhodesia and Nyasaland, but it is also unique for its authority and detail. The theme of this book is of the greatest interest and significance for students of economic develop ment: the adaptation and initiation of financial institutions in a developing country, previously completely dependent on external financial centres and externally controlled financial institutions. Dr. Sowelem's study is certainly the most authoritative and detailed yet published in this important field, and provides valuable information on the inter related questions of central bank control and the development of specialist money markets in de veloping countries.'

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Holdings
Item type	Current library	Call number	Status	Date due	Barcode	Item holds
Books	Gandhi Smriti Library	332.112096891 SOW (Browse shelf(Opens below))	Available		8161

Total holds: 0

This study of the establishment of a new central bank and of a London-type money market, in a financially externally dependent economy, is unique. It is unique because it covers the whole life of the Bank of Rhodesia and Nyasaland, but it is also unique for its authority and detail.

The theme of this book is of the greatest interest and significance for students of economic develop ment: the adaptation and initiation of financial institutions in a developing country, previously completely dependent on external financial centres and externally controlled financial institutions. Dr. Sowelem's study is certainly the most authoritative and detailed yet published in this important field, and provides valuable information on the inter related questions of central bank control and the development of specialist money markets in de veloping countries.'

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