Dissertations / Theses: 'Financial Sector Reforms'

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Simatele, Munacinga. "Financial sector reforms and monetary policy in Zambia." Göteborg : Dept. of Economics [Nationalekonomiska institutionen], Handelshögsk, 2004. http://www.handels.gu.se/epc/archive/00003481/01/Simatele_avhandl.pdf.

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Newberry, Susan Margaret. "New Zealand's Public Sector Financial Management System: Financial Resource Erosion in Government Departments." Thesis, University of Canterbury. Accountancy, Finance and Information Systems, 2002. http://hdl.handle.net/10092/862.

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New Zealand's public sector reforms have been hailed as a model of theoretical consistency and coherence. The associated financial management reforms, known internationally as new public financial management (NPFM), were world-leading although they are no longer unique. The underlying nature and intent of public sector reforms have been the subject of considerable debate internationally. Early public sector reforms openly sought privatisation, often on ideological grounds. However, in the face of gathering public opposition, public discussion of privatisation softened. NPM and NPFM have been promoted instead mainly on more pragmatic grounds such as improving public sector performance. In New Zealand, the Public Finance Act 1989 is the key legislation underpinning the financial management reforms. The Act delegates regulatory powers to the Treasury and, over time, a considerable body of secondary regulation, including accounting rules, has been developed. However, this secondary regulation, and its contribution to the success or otherwise of the public sector reforms, has not been examined in detail to date. In 1999, New Zealand s Controller and Auditor-General suggested that the financial management system erodes government departments resources and that somehow this resource erosion escapes parliamentary scrutiny. The Treasury, on the other hand, defended the foundations of the financial management system as solid, arguing that retention of the existing framework would allow further and faster progress towards improved performance and value-for-money than would be achieved by a new set of reforms. This debate prompts questions whether and, if so, how and why a financial management system, ostensibly implemented to improve the performance and accountability of the public sector, could be linked to such effects, and whether parliamentary scrutiny is indeed avoided. This thesis examines the secondary regulation and explains the development of the financial management system with the intention of answering those questions. The analysis undertaken in this thesis suggests that New Zealand's public sector financial management system fabricates the conditions under which privatisation initiatives might be accepted for pragmatic reasons. The erosion of departments financial resources is an essential mechanism in that fabrication process. As this system has developed, the time available for parliamentary scrutiny has reduced and the Controller and Auditor-General s controller function has been eroded, while the control and discretion exercised within the Treasury has increased. Arguably, these developments have helped to conceal the system s privatising intent. The thesis identifies features of the financial management system used to rationalise the financial resource-eroding processes. It also notes that if New Zealand's financial management system is no longer unique, then other NPFM systems may contain a similar combination of features.

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Zgambo, Peter. "Financial sector reforms and interest rate determination in Zambia." Master's thesis, University of Cape Town, 2005. http://hdl.handle.net/11427/5672.

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Includes bibliographical references (leaves 67-75).
This thesis is concerned with an empirical investigation of the determinants of lending rates in Zambia in the aftermath of financial sector reforms. Cointegration techniques in a multivariate framework are employed to investigate the issue. Empirical findings indicate the presence of long-run cointegrating relationships between the lending rate, money supply, expected inflation, domestic debt, expected domestic currency depreciation or appreciation and foreign interest rates.

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Laurenceson, James Stuart. "China's financial sector reforms and their impact on economic development /." St. Lucia, Qld, 2001. http://www.library.uq.edu.au/pdfserve.php?image=thesisabs/absthe16239.pdf.

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Adu, Abraham. "The role of financial sector reforms in Ghana : econometric and CGE analyses." Thesis, University of Hull, 2016. http://hydra.hull.ac.uk/resources/hull:14771.

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Munene, Daniel. "Financial reforms and interest rate spreads in the commercial banking sector in Kenya." Thesis, Rhodes University, 2006. http://hdl.handle.net/10962/d1007711.

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Financial reforms were a major component of structural adjustment programs deemed necessary for developing countries in the mid 1980s. These were not only meant to improve the sector, but would ultimately enhance economic growth and help in poverty alleviation. At the top of these reforms was financial liberalisation. Kenya, like many other sub-Saharan African countries, undertook financial liberalisation in 1991, one of the measures was decontrolling interest rates. With market driven interest rates in place it was assumed that there would be increased efficiency in bank lending, as well as growth in credit availability as deposits increased. A key indicator of this improved intermediation process would be a narrowing interest rates spread, that is, the margin between the deposit and lending rate. Paradoxically, however, the expected benefits of these reforms did not accrue to Kenya's banking sector. This study focuses on financial reforms and the spread of interest rates in Kenya's banking sector. Using a trend analysis, spanning the period before and after liberalisation, interest rates spread are shown to have escalated dramatically upwards after liberalisation. An analysis of three macroeconomic variables, namely, the exchange rate, inflation rate and economic growth offer little, or inconclusive evidence, that they were the main causes of the wide interest rate spread. In fact, the spread is closely linked to institutional/structural factors such as non-competitiveness in the banking sector, imprudent lending practices and poor and/or inadequate banking supervision. Policies for improving the institutional infrastructure and thus moderating the spreads are highlighted.

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Wan, Latifah W. M. "Financial sector reforms in the ASEAN economies in the 1980s : macromodelling of debt and twin deficits." Thesis, University of Nottingham, 1994. http://eprints.nottingham.ac.uk/11541/.

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This thesis addresses issues of debt and the twin deficits - two serious ‘economic ills’. The central issue in this thesis (Part II) is on macromodelling of the twin deficits in an attempt to identify their determinants. This involves an investigation of the underlying theory and empirical evidence to show the workings of the links between debt and the twin deficits and between the twin deficits themselves. The usual practice in both theory and in empirical work, is to take the accounting identity and one or two other variables that are hypothesised to have effects on the twin deficits and posit causal linkages. We try to avoid this by building on the stylized facts on each of the macroeconomic aggregates and linking them to debt issues in building a full structural model of debt and the twin deficits. We arrive at a system of simultaneous equations, which none of the previous theory or empirical work has derived. We rename the deficit system of simultaneous equations which incorporates a debt identity and an output equation the `new twin deficits' model – signifying a departure from the conventional wisdom discussed in the literature survey. With the macromodel, we address three issues simultaneously, which are: (1) the linkages between twin deficits and increased indebtedness. (2) the details of internal policies that have effects on the twin-deficits and increased indebtedness. (3) the linkages between debt, twin-deficits and output. The first issue involves the broader mechanism that explains the link between the government, the private and the external sector balances, and their links to changes in debt. Previous studies on the twin deficits covers the first part of this issue and gives evidence for the U. S. that the government sector caused the unprecedented level of external deficits in the mid 1980s and early 1990s. In our case, we argue that the change in debt equals the external deficits because according to our findings in Part I debt and deficits seem to co-move. Our macromodel also focus on the second issue, that is, the details of the internal policies that affect each of the three sector deficits and eventually increased indebtedness. The variables involved are numerous such as tax policies (rates, revenue elasticities, etc. ), financial policies (interest rates, investment versus savings behaviour, etc. ), trade policies (import liberalisation/control, exports strategies, exchange rates, prices, etc. ), debt policies, etc. as shown in the system of simultaneous equations in Chapter 5. Although the variables are numerous, there are some common ones appearing together in either two or all three of the system of equations which are expected to cause co-movements in the system. Obviously, consideration has to be made on their significance, magnitude and signs. The third issue involves recognising the supply side in response to debt and deficits which are demand-side management. The model thus ensures not only equilibrium in the internal and external sectors but also equilibrium in aggregate supply and the aggregate demand. The former equilibrium always holds because the identity serves as a constraint. For the latter equilibrium to hold, either one or a combination of the price variables found in the system adjust to maintain equilibrium in the short-run, while output adjusts to maintain equilibrium in the long-run. Having outlined the core of the thesis, it is appropriate to comment on the other parts. Part I presents the roots of debt and deficits; how developing countries accumulated debt and how it became a crisis in the 1980s. The debt and deficits situation in ASEAN in the 1980s is a particular focus. The essence of debt problem seems to be the adverse economic situation of the 1980s, against the background of mounting accumulation of debt. Exogenous shocks such as the second oil shock, terms of trade shocks, interest rates hikes, dollar exchange rate appreciation, are among the factors that are associated with debt problems. Debt and deficits co-move in the representative Latin American and ASEAN countries. Differences among regional experiences are highlighted. For example the African countries went into debt problem not because of debt accumulation. The main crux of their problem is non-performance export sector. Excessive lending by creditors are associated with the Latin American countries, apart from loans contracted on floating rates which are associated with valuation changes and capital flight. The ASEAN region moved towards yen credit in the mid 1980s, presumably insulating their economy with further spill-overs from other NICs' recycling of surpluses. The differences in experiences necessitates different treatment, or case by case approach to debt problems. In Part III, we present some empirical work on aspects of debt management. Debt servicing capacity or creditworthiness is examined using the logit approach. We builtin the marginal and elasticity analysis into the logit model so as to identify which variables are the most significant determinants. The exercise combines variables taken from the balance of payments and financial variables from the balance sheet to detect which variables cause debt servicing breakdown. The breakdown of debt servicing capacity is proxied by reschedulings, taken in terms of probabilities because it is not known a priori that a debtor will become illiquid and unable to repay interest payments falling due. We postulate that it is the foreign exchange scarcity, measured by their net borrowing requirements which comprise of the current account deficits including interest repayments and the principal due, that drive a country to demand for rescheduling. We investigate the determinants of rescheduling for each region separately to capture the differences in their experiences with indebtedness. The most important determinants of rescheduling are; the ratio of the current account deficits to export, the reserves to import ratio and the total debt to exports. In the African sample, the current account deficits to exports, the total debt to exports and the use of IMF credits are the most important determinants for rescheduling. As in the case of the Latin American countries, The current account deficits to exports, the debt service ratio and the use of IMF credit are most important. In ASEAN, the debt service ratio appears to be the single most significant ratio. Thus, the differences in experiences among regions, a cross section for all developing countries will ignore the uniqueness of each region in running into debt servicing difficulties. In the last part of the thesis, the exchange rate management is discussed in Chapter 7, relating exchange rate to import and export demand function to eventually determine the contribution of foreign exchange, through the elasticity approach, towards foreign exchange earnings and reducing debt service. Debt service seems to have links with exchange rates movements. We suggest that devaluation does have positive effects in the ASEAN countries to increase its foreign exchange earnings. Finally, we conclude and suggest some policy implications, especially pertaining to our twin deficit model. It is hoped that ASEAN would turn the already huge debt accumulation to more profitable investments so that not only timely repayment of loans is possible, the growth of output is ensured and the sustained industrialisation is possible!

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Chacón, Ramos Elvia Noemi, and Vega Michael Smit Luque. "El Régimen Mype Tributario y su impacto financiero en las empresas del sector peluquería del distrito de Miraflores, año 2017." Bachelor's thesis, Universidad Peruana de Ciencias Aplicadas (UPC), 2019. http://hdl.handle.net/10757/628032.

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El presente trabajo de investigación tiene como objetivo determinar El Régimen Mype Tributario y su impacto Financiero en las empresas del sector peluquería del distrito de Miraflores, año 2017, para esto es imprescindible realizar un análisis a la Ley y su reglamento, en este sus requisitos, obligaciones, el pago de sus impuestos y su impacto financiero. Este trabajo se encuentra conformado en 5 capítulos que son: Capítulo I Marco teórico, se realiza una investigación de fuentes primarias, donde se desarrollan conceptos del código tributario, regímenes tributarios y otros donde se contextualice la Ley, y la relación e impacto que origine a la información financiera de la empresa. Capítulo II Plan de investigación, se plantea la situación problemática de la tesis, el problema principal, problemas específicos, objetivo general y objetivos específicos, la hipótesis inicial e hipótesis específicos. Capítulo III Metodología de investigación, se definió la población, la muestra para las investigaciones cualitativas y cuantitativas de esta tesis. Capítulo IV Desarrollo de investigación, se realiza la investigación a través de la entrevista a profundidad a expertos en el tema tributario y financiero en asesorar empresas consideradas Mypes, el cual va dirigido este trabajo de investigación; encuestas a empresas de este rubro y el desarrollo práctico de ésta. Capítulo V Análisis de resultados, se realiza el análisis de los instrumentos y caso práctico; se concluye con la validación de la hipótesis general y específicas en base a los resultados obtenidos en las tablas cruzadas y Chi cuadrado, luego que hayamos realizado este análisis se concluye según las hipótesis planteadas, de acuerdo a la hipótesis general que el Régimen Mype Tributario impacta Financieramente en las empresas del sector peluquería en el distrito de Miraflores, año 2017, también se concluye según las hipótesis específicas que el acogimiento, las obligaciones formales y la declaración y pago de impuestos del Régimen Mype Tributario impactan Financieramente en estas empresas; todas estas afirmaciones se confirman en el análisis de los ratios financieros que varían según el régimen tributario al que se pertenece.
The objective of this research work is to determine the Mype Tax Regime and its impact on the financial statements of companies in the hairdressing sector of Miraflores district, 2017, for this it is essential to carry out an analysis of the Law and its regulations, in this their requirements, obligations, the payment of their taxes and their financial impact. This work is made up of 5 chapters that are: Chapter I Theoretical framework, an investigation of primary sources is carried out, where concepts of the tax code, tax regimes and others are developed where the Law is contextualized, and the relation and impact that originates to the financial information of the company. Chapter II Research plan, the problematic situation of the thesis, the main problem, specific problems, general objective and specific objectives, the initial hypothesis and specific hypotheses are presented. Chapter III Research methodology, the population was defined, the sample for the qualitative and quantitative investigations of this thesis. Chapter IV Research development, research is carried out through an in-depth interview with experts in the tax and financial field in advising companies considered Mypes, which is aimed at this research work; surveys to companies of this heading and the practical development of this one. Chapter V Analysis of results, the analysis of the instruments and practical case is carried out; we conclude with the validation of the general and specific hypothesis based on the results obtained in the crossed tables and Chi square, after we have made this analysis, we conclude according to the hypotheses, according to the general hypothesis that the Mype Tax Regime has an impact In the Financial Statements of the companies of the hairdressing sector in the district of Miraflores, year 2017, it is also concluded according to the specific hypothesis that the reception, the formal obligations and the declaration and payment of taxes of the Mype Tax Regime have an impact on the Financial Statements of These companies; All these statements are confirmed in the analysis of the financial ratios that vary according to the tax regime to which they belong.
Tesis

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9

Nannyonjo, Justine. "Financial sector reforms in Uganda (1990-2000) : interest rate spreads, market structure, bank performance and monetary policy /." Göteborg : Nationalekonomiska institutionen, Handelshögsk, 2002. http://www.handels.gu.se/epc/data/html/html/2055.html.

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Soyeju, Olufemi Olugbemiga. "Public assets financing in Nigeria : the imperatives for legal reforms to unlock domestic financial resources and foreign capital for infrastructure development." Thesis, University of Pretoria, 2012. http://hdl.handle.net/2263/24525.

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Infrastructure is one of the main parameters of economic growth and a country‘s competitiveness depends on the provision and maintenance of efficient and productive infrastructure assets. However, Nigeria, like most countries in Sub-Saharan Africa has the lowest quantity and poorest quality of stocks of infrastructure assets in the world and this phenomenally poor infrastructure has remained an impediment to development in the country. Decades of sub-optimal investment, poor maintenance culture and the fact that the required infrastructure investments could not be accommodated within the available fiscal space as a result of budgetary constraints have all contributed to the Nigeria‘s infrastructure deficit. The immediate outcome of this however is that the available infrastructure assets across the Nigerian landscape are in decrepit state and absurdly inadequate. Besides, the present demand for basic infrastructure services has grown astronomically out-stripping the supply capacity of the existing ones. Closing the infrastructure financing gap will however require increased investment by private investors through creative financing in an enabling legal and financial environment. Outside the budgetary constraints, the absence of efficient maintenance and management of infrastructure assets and quality service delivery by the public sector are some of the reasons why procurement of public infrastructure stocks by government through the traditional approach is no longer plausible and hence, the general appeal of the public-private partnership framework. However, despite all the potentials, the public private partnership technique in Nigeria has not made an appreciable impact in closing the infrastructure gaps due to lack of access to long-term financing. It is against this back-drop that this study has sought to investigate how reforms of the legal and financial infrastructure could widen access to financing through innovative financial resource mobilization in scaling-up infrastructure development and service delivery to the teeming Nigeria population. Therefore, the central thesis of this study is that the inadequacy of appropriate laws and inefficient financial system are partly responsible for the huge financing gaps in the Nigeria‘s infrastructure market and with the legal and financial reforms, an enabling legal and financial environment that would open up space for resource mobilization through innovative financing techniques and sources will be created thereby widening access to long-term financing and increasing the appetite for private investment in the nation‘s public infrastructure assets and services. So, the overarching objective of this thesis is to explore how legal and financial system reforms can facilitate the development of financial models and instruments that can help mobilize financial resources to fund infrastructure and bridge the huge infrastructure financing gaps in Nigeria in a sustainable fashion. Given the infrastructure poverty that constrains economic growth and development in Nigeria, the outcomes of this proposed study would help inform the need for the legal and financial system reforms to unlock resources in addressing the problems of financing gaps in infrastructure projects development in Nigeria. Besides, such outcomes based on the Nigerian experience in infrastructure financing and development may be turned into valuable knowledge for policy –making and further research in Nigeria. Copyright
Thesis (LLD)--University of Pretoria, 2012.
Centre for Human Rights
unrestricted

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Ndalichako, Venance L. [Verfasser], and Martin [Akademischer Betreuer] Leschke. "Two Generations of Tanzania Financial Sector Reforms from 1991 : From Washington Consensus to Institutional Economics / Venance L. Ndalichako. Betreuer: Martin Leschke." Bayreuth : Universität Bayreuth, 2016. http://d-nb.info/1108404014/34.

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Dibley-Maher, Paul. "Friend or foe? The impact of the Hawke/Keating neoliberal reforms on Australian workers and the Australian public sector." Thesis, Queensland University of Technology, 2012. https://eprints.qut.edu.au/54641/1/Paul_Dibley-Maher_Thesis.pdf.

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Over the last three decades neoliberalism has transitioned from occupying the margins of economic policy debate to becoming the dominant approach by governments and their economic advisers, a process that has accelerated with the collapse of the former Stalinist states in Eastern Europe and the Soviet Union. This thesis adopts a Marxist framework for understanding this process, beginning as it did in the realm of relatively abstract philosophical and ideological debate to the permeation of neoliberal values throughout all capitalist institutions, including the state bureaucracy. This necessarily means a focus on the dialectical relationship between the rise of neoliberalism and the shifting balance of class forces that accompanied the success of the neoliberal project in transforming the dominant economic policy paradigm. The extent to which neoliberal reforms impacted on workers and public sector institutions, along with the success or otherwise of traditional working class institutions in defending the material interests of workers will therefore be a recurring theme throughout this body of work. The evidence borne from this research and analysis suggests a major shift in the dialectic of class struggle in favour of the power of capital over labour during the period covered, with the neoliberal age being one of defeat for a labour movement that largely failed to adopt successful strategies for defending itself.

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Liu, Chenshuang, and Miao Yu. "Banking Sector Reform and Economic Growth : Case study of the South Korean banking sector reform." Thesis, Jönköping University, JIBS, Economics, 2007. http://urn.kb.se/resolve?urn=urn:nbn:se:hj:diva-1045.

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South Korea experienced a financial crisis in 1997 after more than 30 years of fast eco-nomic growth. During the crisis its gross domestic product (GDP) decreased sharply and many enterprises went bankrupt. The stated-owned banks in South Korea suffered huge losses and investors lost confidence in investing in the South Korean financial market. One result of the crisis reveals the weakness of the South Korean economy- government intervention in the banking sector.

This paper provides the reason for the financial crisis in 1997 in the introduction sec-tion. The following section is a theoretical framework, in which we have presented two macroeconomic models: the Solow model-growth accounting formula and the Ricardo-Viner model. With empirical findings, we show how the South Korean government re-sponded after the crisis with three approaches to banking reform. We include the two macroeconomic models in the analysis of how the three approaches affected the eco-nomic growth in South Korea during the reform process in the analysis section. Finally, we conclude that the South Korean banking sector reform has provided a success and briefly discuss how China should implement the South Korean useful experiences into its ongoing process of banking sector reform.

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Xu, Xiaoping. "China : financial sector reform under the economic transition 1979-1991." Thesis, University of Sussex, 1996. http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.296533.

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Parker, Shahkira. "Financial Management and Budget Reform implementation and constraints in the public sector since 1994: The Case of the health sector." Thesis, University of the Western Cape, 2007. http://etd.uwc.ac.za/index.php?module=etd&action=viewtitle&id=gen8Srv25Nme4_1814_1255004975.

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This research report examines the factors associated with facilitating and constraining the implimentation of financial management and budget reforms in the public sector using the Health Sector (National and Provincial Departments of Health) as a case study. The main findings of this report are that there are factors that are both facilitating and constraining the implementation of financial management and budget reform in South Africa. The primary constraining factor in this regard is that there is limited capacity in the country with regard to financial management.

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Vazquez, Gomez Gerardo. "The Mexican experience with financial sector liberalization and prudential structural reform." Thesis, Queen Mary, University of London, 2012. http://qmro.qmul.ac.uk/xmlui/handle/123456789/3171.

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After WWII, the Mexican government took increasingly the control over the economy including the banking sector in 1982. By 1985, a worsening economic crisis forced the government to begin a process of economic liberalization. The 1994-1995 financial crisis prompted efforts to develop a sound prudential framework for Mexico’s financial system. Toward this goal, liberalization in financial services is vital for developing countries to make their build financial systems viable and their economies stronger. Related economic legal reform scholarship indicates that safe and sound financial markets are built upon the effective implementation of key “international prudential standards”. In 1995, Mexico started to work domestically, from the “bottom-up”, in financial sector reform, while applying step by step international prudential standards and opening unilaterally the sector to foreign investment, even ahead of the liberalization agreed in NAFTA. NAFTA’s and MEFTA’s innovative chapters on financial services, with their various dispute resolution mechanisms, are examples of Mexico’s commitment to promoting high levels of cooperation at the bilateral, regional and hemispheric levels. At the global level, as part of G20, Mexico has promoted a financial system reform approach that continues liberalization with financial stability and sustainable economic development. This thesis argues that Mexico’s case demonstrates that financial liberalization and related structural reform need to be integrated in a coherent and coordinated policy manner, and be effected in an enlightened country-specific (bottom-up) and sequenced manner. This must be applied within a wider financial stability framework combined with sustainable, equitable economic policies consistent with a country’s particular developmental stage. Fifteen years after Mexico began its financial liberalization agenda, the Global Financial Crisis has demonstrated that such a process can deliver a stronger and more stable financial system. Mexico should therefore not backtrack on its commitment to the prudential liberalization of its financial sector but use the crisis as a basis for further meaningful reform and policy readjustment to create further substantial and sustainable liberalization and regeneration longer term.

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Fang, Yingying. "Banking Reform,Financial Development and Performance of SMEs----Evidence from China." Kyoto University, 2017. http://hdl.handle.net/2433/227576.

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Prill, Oliver. "Financial sector reform in the Soviet Union / Russia since 1987 : options and consequences." Thesis, University of Oxford, 1995. http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.308865.

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Williams, Guy. "Change in China's banking sector as an institutional evolution." Thesis, University of Cambridge, 2017. https://www.repository.cam.ac.uk/handle/1810/269533.

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This thesis explains how China’s banking system has evolved since the establishment of the socialist market economy in 1993, when the state began to develop a more standardised and robust system of banking regulation and commercialise China’s state-owned banks. China’s large state-owned banks, which were technically insolvent in the 1990s, are now some of the biggest commercial banks in the world. There has been a remarkable transformation of systems of governance and risk management across all types of banking institutions. China has developed a system of financial regulation characterised by close supervision and strong regulation of financial institutions to mitigate risk and ensure the banking system serves the real economy. This thesis has relied on qualitative research to understand this change. Interviews of a number of past and present stakeholders in China’s banking system were undertaken, including officials from the China Banking Regulatory Commission, the agency responsible for the regulation and supervision of China’s banking system since 2003. The thesis also makes use of Chinese language texts which provide the views of Chinese political leaders and banking officials with respect to reform of the banking sector. The principal conclusion of the thesis is that the development of China’s banking system can best be understood as an evolution of institutions which reflect historical patterns of political and economic organisation in China. This finding is in contrast with the main body of academic literature which evaluates the development of China’s banking system according to its degree of conformance with a neoliberal economic system. The thesis argues that policy for China’s banking sector was conceived and implemented by officials through a politically united, centrally controlled bureaucracy reflective of China’s bureaucratic tradition. China’s leaders applied the concept of ‘Chinese studies at the base, Western studies for practical use’ (中體西用zhongti xiyong), when adapting Western ideas and technology within China’s traditional political and economic system to modernise the banking sector. The deep concern of officials for financial stability caused them to gradually and pragmatically adopt international standards of financial regulation and resist policies of financial liberalisation and deregulation which were advocated by self-interested Western-educated bankers and government officials.

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Uzokwe, Henry Chilewubeze. "Consumer protection in the banking sector : the need for reform to protect bank consumers in Nigeria." Thesis, Brunel University, 2017. http://bura.brunel.ac.uk/handle/2438/15661.

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The protection of consumers of financial services has attracted a lot of debates following the global financial crisis of 2007 to 2009. As a result, there have been series of reforms in a number of jurisdictions across the globe. Despite this development some countries still lag behind and Nigeria is no exception. This study examines the problems of consumer protection in Nigeria, with specific reference to the bank consumers. The aim is to consider whether the Nigeria consumer protection regime provides "sufficient protection to bank consumers and whether it should be reformed". The study also focuses on the role of the Central Bank of Nigeria (CBN) in consumer protection, its dispute resolution mechanism and the practical challenges. The test of sufficiency will be analysed and discussed, using 'consistency', 'efficiency' and 'accessibility' in order to illustrate the existing weaknesses in resolving consumer dispute. The approach in this study is doctrinal analysis. In all, the findings suggest that there is need, to reform the consumer protection regime in the banking sector and enforce laws which will address issues highlighted in the study to enable the users of banking services in Nigeria to obtain an appropriate level of protection through regulatory processes. This study, therefore, also provides a comparative analysis between United Kingdom and Nigeria, using current consumer protection framework in the United Kingdom in making proposals for the needed reforms in Nigeria. The study thus concludes with the recommendation that the current Nigerian consumer protection regime does not offer adequate protection; hence protecting consumers require a holistic approach which includes effective consumer protection framework, enforcement, coordination and cooperation from different stakeholders.

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Zhao, Yongsheng. "The financial reforms in China : from an institutional view." Thesis, Paris 1, 2015. http://www.theses.fr/2015PA010024.

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La finance est un élément crucial pour une Chine en pleine évolution après trois décennies de réforme et d’ouverture, cette thèse vise donc à analyser les réformes financières en Chine du point de vue institutionnel. Après la tentative de décrypter le ‘puzzle’ entre la finance et la croissance, on a abordé les réformes des institutions financières en Chine et les efforts du gouvernement d’adopter les réformes focalisées à l’accès de l’OCM ; on a aussi analysé les prêts non-performants (NPLs), un problème épineux pour les banques (SOBs) et/ou entreprises (SOEs) étatiques chinoises sans oublier le thème d’ouverture du secteur bancaire et financier à la compétition étrangère. Enfin, étant un secteur ‘chaud’ et controversé – pilier de croissance et bulle de risque à la fois, l’immobilier connaît son parcours spécifique durant ses réformes de l’ancien régime au nouveau mécanisme en Chine. En fait, nombre de variables tant économiques que financières soutiennent l’expansion du marché immobilier en Chine
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Yu, Lu. "Consequences of the globalization and the entry to the WTO and the reform of the Chinese financial sector." Bremen, 2005. http://elib.suub.uni-bremen.de/publications/dissertations/E-Diss1178d̲issertation.pdf.

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Zdeněk, Jiří. "Finanční systém Španělska." Master's thesis, Vysoká škola ekonomická v Praze, 2012. http://www.nusl.cz/ntk/nusl-142096.

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In the first chapter of my thesis titled "The Spanish Financial System", I introduce a concept of a financial system in general and a historical development of the Spanish financial system including legislation from the beginning of the 20th century till today. The second part describes a current structure of the Spanish financial system and component entities operating within its framework structured from a point of supervising institutions. The last and crucial chapter is focused on reforms of the Spanish banking sector which have got no parallel in a modern history of the country. Restructuring and consolidation of the banking sector have been primarily carried out by mergers of traditional savings banks which became vulnerable during a period of an international liquidity crisis and an excessive exposure to the construction industry and real estate developments. I explain reasons for reforms, their starting points, progresses and difficulties during the restructuring processes. In conclusion I assess their results and impacts not only on credit institutions but the whole society as well.

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Svoboda, Michal. "Reforma účetnictví státu jako předpoklad ekonomického rozhodování externích uživatelů účetních výkazů obcí." Doctoral thesis, Vysoká škola ekonomická v Praze, 2008. http://www.nusl.cz/ntk/nusl-165894.

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This dissertation thesis analyzes gains of the governmental accounting reform in the Czech Republic in terms of increase in relevance, usability and accessibility of the economic data in the public sector of the Czech Republic, especially in municipalities. It identifies some risks that have arisen from this reform and offers some ways to eliminate them. The existence of the public sector itself is also explained as well as the existence of users of economic information of the public sector. It involves a comprehensive description of the reform of public sector financial reporting. A construction of a municipalities' financial health index is also included as a useful tool for increasing understandability and to become the decision making process of users (tax payers) at a higher level. This index is applied on 6 201 municipalities in the Czech Republic as of December 31, 2012.

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Lino, André Feliciano. "Reforma da contabilidade pública e os tribunais de contas." Universidade de São Paulo, 2015. http://www.teses.usp.br/teses/disponiveis/96/96133/tde-06102015-163641/.

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A presente pesquisa discute a legitimação da autoridade de normatização da contabilidade aplicada ao setor público para a Secretária do Tesouro Nacional (STN), a atuação dos Tribunais de Contas no processo de convergência às International Public Sector Accounting Standards (IPSAS) e a preparação para a atuação com Auditoria Financeira em municípios. A convergência para normas internacionais de contabilidade levou ao questionamento da autoridade na regulação contábil aplicada ao setor público em meados de 2009, e passou a demandar a estruturação da função de Auditoria Financeira no nível sub-nacional, dada a necessidade de consolidação do Balanço do Setor Público Nacional (BSPN) e a expectativa de melhoria do grau de accountability. Procedeu-se análise documental e foram realizadas 25 entrevistas com atores chave. A resposta dos diversos Tribunais de Contas quanto ao processo de Auditoria Financeira tem sido incentivar a criação de Controles Internos nos municípios
This research discusses the legitimation of authority on accounting standardization applied to the public sector to the Treasury (STN), the role of Courts of Accounts in the process of convergence with International Public Sector Accounting Standards (IPSAS) and the preparation for the acting with Financial Audit on municipalities. The convergence with international accounting standards led to the questioning of the authority on the accounting regulation applied to the public sector in mid-2009, and went on to demand the structuring of the Financial Audit function in the sub-national level, given the need to consolidate the Whole of Government Acounts (BSPN) and the expectation of improving the level of accountability. Proceeded to documental analysis and were carried out 25 interviews with key actors from the reform process. The response of the various Courts of Accounts on the financial audit process has been encouraging the creation of Internal Control in municipalities

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Tsukamoto, Shuhei. "The sectoral analysis of credit direction and rationing in Japan from 1954 to 1991 : from the viewpoints of flow-of-funds accounts, financial reforms, and business investments /." St. Lucia, Qld, 2004. http://www.library.uq.edu.au/pdfserve.php?image=thesisabs/absthe18082.pdf.

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Belacel, Brahim. "Réforme de la comptabilité de l'Etat en Algérie." Thesis, Paris 1, 2018. http://www.theses.fr/2018PA01D057.

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L’initiative qui a conduit à l’élaboration de cette thèse provient d’un désir d’explorer plus en détail le contenu, les objectifs et la portée de la réforme de la comptabilité de l’État en Algérie. Le cadre juridique et réglementaire comptable actuel souffrait depuis son édification de nombreuses insuffisances et limites qui devaient être complétées avec les nouvelles modalités juridiques et techniques inspirées des standards et des bonnes pratiques internationales. La nouvelle réforme comptable vise à fonder une comptabilité tridimensionnelle de l’État consacrée par de nouvelles normes comptables nationales, un plan comptable de l’État (PCE) et de nouvelles modalités de contrôle et de responsabilité des acteurs. L’analyse de l'état actuel de la réforme, à l’épreuve de la nouvelle gouvernance financière publique, marquée par les exigences de transparence, de performance et de bonne gouvernance, vise à proposer des solutions pour l'amélioration du système national d’une part, et à étudier le rôle de la réforme budgétaire et des normes comptables internationales (IPSAS) dans l’adaptation du nouveau cadre comptable, pour que la comptabilité soit davantage un instrument d'information, de décision et d’appréciation de la situation financière et patrimoniale de l’État, d’autre part. Vu la complexité des formes et de l’étendue des chantiers de la réforme, la transformation comptable recommandée peut prendre une approche globale, qui sera concentrée non seulement sur l'application du cadre législatif et réglementaire (LOLF), c’est-à-dire sur la mise en place de la nouvelle comptabilité, sur la production de comptes publics sincères, fidèles et réguliers, objet de certification et de valorisation par la Cour des comptes, mais également sur la modernisation de la fonction comptable et l’intégration du cadre de la gestion budgétaire et comptable aux fins de la réforme de l’État
The initiative which led to drawing up this thesis arises of a wish to explore, in more detail, the content, objectives and scope of the Algerian State accounting reform. The current legal and regulatory framework suffered, since its implementation, from many deficiencies and limits which should be completed by new legal and technical procedures based on standards and international good practices. The new accounting reform aims at establishing a three-dimensional State accounting, realized by new national accounting standards, a State accounting plan (SAP) and new ways of control and players responsibility. The analysis of the current state of reform, proof against the new public financial governance, marked by the requirements of transparency, performance and good governance, aims at proposing solutions for the enhancement of the national system, on the one hand, and to study the role of budget reform and international public sector accounting standards (IPSAS) in adapting the new accounting framework, so that accounting becomes more a tool for information, for decision and assessment of the financial and patrimonial situation of the State, on the other hand. Given the complexity of the forms and extent of reform projects, the recommended accounting transformation can take an overall approach which will be concentrated not only through the enforcement of the legislative and regulatory framework (LOLF), or through the implementation of the new accountancy, or the production of true, correct and regular public accounts, which are subjects of certification and valuation by the Court of Auditors, but also through the modernization of the accounting function and the integration of the budgetary and accounting management framework for the purpose of the State reform

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Olsson, Mikael. "Ownership reform and corporate governance : The Slovak privatisation process in 1990-1996." Doctoral thesis, Uppsala : [S. Academiae Upsaliensis], 1999. http://catalogue.bnf.fr/ark:/12148/cb400167769.

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Tomanová, Zuzana. "Analýza vývoje veřejné správy z hlediska vybraných národohospodářských parametrů na území České republiky od roku 1989 do roku 2012." Master's thesis, Vysoká škola ekonomická v Praze, 2015. http://www.nusl.cz/ntk/nusl-201918.

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The Thesis on topic The analysis of public administration from the perspective of selected national economic parameters in the Czech Republic from 1989 to 2012 summarizes these issues in order to understand the complexity of the topic. Those who said the issue more interested, this work should help to summarize the progress and crucial moments of public administration reform in the Czech Republic, to understand the principles and functioning of public administration and allow a comparison of public administration in the context of a centrally planned economy compared to today's economy operating under the market mechanism. The theoretical part covers the economic base of the topic and deals with basic definitions of the public sector, respectively public administration, personnel management and financial flows at all levels of public administration. Following chapters focus on the development of public administration from the beginning of the transformation of the economy in 1989, when the first signs appear necessary of reform public administration, until now. Individual chapters deal with the historical sections of the national economy in order to monitor the selected parameters in correspondence to the gross domestic product of the country, including the legislative framework. The thesis refers to the fact, that the aim of the state is considered to achieve a state of public administration, where it will be termed as a whole to be effective. Unsystematic changes in the performance of public administration are essential factors that make governance unstable and non-transparent. Finding ways of their elimination will be able to increase the efficiency of public administration under the current societal needs.

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Nunes, Sylvia Renata Pereira Aragão. "Determinantes do crescimento das gestoras independentes de recursos no Brasil, pós plano real." reponame:Repositório Institucional do FGV, 2009. http://hdl.handle.net/10438/4211.

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The dissertation aimed to identify the main macroeconomic aspects that influence the Asset Management segment in Brazil, a sector which presented a great improvement in the last decade. The method applied was quantitative, using the multiple linear regressions and stood on a data base with 15 macroeconomic variables of the Brazilian economy. The period of analysis was of 14 years (from 1994 to 2008). Because of this study focus, it was necessary to review the literature related to the main changes of the economy and financial sector of the country. Through the analysis, it was possible to realize how high is the correlation among the variables studied and identify which of them influence most in the number of Assets in the brazilian market are: banks; volume of savings deposits and inflation expectation.
A dissertação objetivou identificar os principais determinantes que exercem influência no número de gestoras independentes de recursos de terceiros (Assets) em funcionamento no Brasil, um segmento que apresentou franco crescimento na última década. O método de análise empregado foi quantitativo, utilizando o modelo de regressão linear múltipla, e teve, como base de dados analisados, dados históricos de 15 variáveis macroeconômicas da economia brasileira. O período analisado contempla 14 anos (de 1994 a 2008). Dado o enfoque deste trabalho, considerou-se necessária uma revisão das principais mudanças ocorridas na economia e no setor financeiro do país, bem como seus reflexos nas taxas de juros, níveis de poupança, endividamento interno e externo e no setor bancário. Através da análise realizada foi possível perceber, através do emprego da análise de correlação, que as variáveis macroeconômicas são altamente relacionadas entre si, bem como identificar que as principais variáveis que têm impacto no mercado de Assets em funcionamento são: bancos em funcionamento no país; volume de recursos depositados em poupança e expectativa de inflação.

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Nget, Sovannarith. "La Réforme Financière au centre de l’Efficacité de la Politique Monétaire au Cambodge." Thesis, Lyon 2, 2013. http://www.theses.fr/2013LYO22004.

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Après trois décennies des conflits armés, le Cambodge a enfin la capacité d’accélérer sa croissance et l’intégration de son économie dans la région et le monde. Pour cela, le pays doit reconstruire un système financier solide et mettre en place une politique monétaire. Nous proposons une étude de l’efficacité de la politique monétaire de la BNC (Banque Nationale du Cambodge) en tenant compte du fait que le sous-développement du secteur financier amoindrit les effets des canaux de transmission de la politique monétaire.Après avoir abordé les aspects théoriques en mettant en lumière le consensus de la politique monétaire et les différents canaux de transmission, nous passons en revue les travaux empiriques menés sur ce thème tant dans les pays développés, les pays en développement que les pays en transition. Il en ressort que les spécificités des systèmes financiers des différents pays, conditionnent la complexité et les effets des canaux de transmission et que le développement du système financier favorise la conduite de la politique monétaire, ne serait-ce que parce qu’elle étaye la confiance du public. Nous mettons ainsi en évidence l’importance d’une réforme du secteur financier préalable à toute politique monétaire. Par ailleurs, l’évolution du secteur financier est liée au développement économique mais celle-ci est aussi susceptible de créer de l’instabilité financière si le pays ne met pas en place des institutions suffisamment solides. Sa réussite demande que soient préalablement remplies un certain nombre de conditions comme la stabilité macroéconomique, la qualité de la réglementation financière et le développement du marché monétaire. Ce type de stratégie a été mise en place en 2001 (Blueprint [2001]) pour développer un système financier fondé sur les mécanismes du marché ; elle n’a que partiellement abouti. Elle a été revue en 2006 (le FSDS [06-15]) avec pour objectif d’harmoniser le calendrier de la réforme avec les améliorations en matière économiques, politiques, sociales et institutionnelles.Au stade actuel de développement du Cambodge, les canaux de transmission de la politique monétaire ne sont pas tous efficients à cause d’un système financier sous-développé, de globalisation financière et la dollarisation. Nous avons par conséquent mené une étude empirique sur la base de données Cambodgiennes pour évaluer leurs effets. Il en ressort que le canal du crédit n’a pas d’impact sur la croissance économique mais sur le niveau général des prix alors que le canal monétaire a un impact positif à court-terme sur le niveau général des prix. L’agrégat M1 et le crédit sont positivement reliés à court-terme. Notre étude suggère l’existence d’un canal monétaire et l’absence d’un canal du crédit. A la recherche du cadre le plus adapté de la politique monétaire dans le contexte du pays, nous analysons trois stratégies : le ciblage du taux d’inflation, celui du taux de change et celui des agrégats monétaires. Nous prenons aussi en compte les aspects institutionnels de la politique monétaire (l’indépendance, la responsabilité et la transparence de la conduite de la politique monétaire), la stratégie de communication et des mécanismes de décision de la Banque Centrale. Une stratégie basée sur un ciblage des agrégats monétaires semble l’option la plus adaptée. Un ciblage du taux de change paraît être une option secondaire (second-best) pour modérer la volatilité excessive et ancrer les anticipations des agents économiques
After three decades of the armed conflicts, Cambodia finally has the capacity to accelerate her economic growth and integration into the region and the world. The country must rebuild a sound financial system and put in place an effective monetary policy. We propose to conduct a study on the efficacy of monetary policy of NBC (Central Bank of Cambodia) while taking into account of the underdevelopment of the financial system which weakens the effects of the transmission channels of the monetary policy.Following the literature reviews which highlight the consensus of an effective monetary policy and different channels of transmission, we undertake an empirical review in developed and developing countries. The specificities of financial system of each county condition the complexity and the effects of transmission channels. Moreover, the development of financial system enhances the implementation of monetary policy as long as it enjoys public confidence. We thus emphasize the importance of the reform of financial system prior to conducting an effective monetary policy. Besides, the development of financial system links closely with that of the economy but it is likely to foster financial instability if the country doesn’t have sufficiently sound institutions. The success of the reform requires a number of preconditions such as macroeconomic stability, acceptable quality of regulations, and development of monetary market. The reform was put in place in 2001 (Blueprint [2001]) to develop a sound and efficient financial system based on market mechanisms; it could only partially achieve its objectives. It was revised in 2006 (FSDS [06-15]) to harmonize its objectives with the pace of reform which experienced economic, political, social and institutional improvements.In the current state of development of Cambodia, transmission channels of monetary policy are not fully efficient. We conducted an empirical studies based on Cambodian data to evaluate its effects. It seems that credit channel doesn’t have the impacts on economic growth but on general level of prices while monetary channel has positive and short-term impacts on general level of prices. Our study suggests the existence of a monetary channel and absence of credit channel. In a quest of the suitable monetary policy framework in the current context of the country, we analyze three forms of framework: inflation targeting, exchange rate targeting and monetary aggregate targeting. We also take into account of institutional aspects (independence, accountability, and transparency of the monetary policy implementation), communication strategy, and decision mechanisms of NBC. A monetary policy strategy based on monetary aggregate targeting appears the most suitable option. Exchange rate targeting framework seems to be a second-best option to absorb the excessive volatility and anchor the public expectations

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Gold, Daniel. "Lobbying Regulation in Canada and the United States: Political Influence, Democratic Norms and Charter Rights." Thesis, Université d'Ottawa / University of Ottawa, 2020. http://hdl.handle.net/10393/40908.

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Lobbying should be strictly regulated – that is the major finding of this thesis. The thesis presents many reasons to enact stricter regulations. The principle one being that, as lightly regulated as it is, lobbying is corroding democracy in both Canada and the United States. The thesis opens with a deep investigation of how lobbying works in both countries. There are examples taken from the literature, as well as original qualitative interviews of Canadian lobbyists, former politicians, and officials. Together, these make it clear that there is an intimate relationship between lobbying and campaign financing. The link between the two is sufficiently tight that lobbying and campaign financing should be considered mirrors of each other for the purposes of regulatory design and constitutional jurisprudence. They both have large impacts on government decision-making. Left lightly regulated, lobbying and campaign financing erode the processes of democracy, damage policy-making, and feed an inequality spiral into plutocracy. These have become major challenges of our time. The thesis examines the lobbying regulations currently in place. It finds the regulatory systems of both countries wanting. Since stricter regulation is required to protect democracy and equality, the thesis considers what constitutional constraints, if any, would stand in the way. This, primarily, is a study of how proposed stronger lobbying regulations would interact with the Canadian Charter of Rights and Freedoms, s. 2 (free expression and association rights) and s. 3 (democratic rights). The principal findings are that legislation which restricted lobbying as proposed would probably be upheld by the Canadian court, but struck down by the American court, due to differences in their constitutional jurisprudence. The thesis contends that robust lobbying regulations would align with Canadian Charter values, provide benefits to democracy, improve government decision-making, increase equality, and create more room for citizen voices. The thesis concludes with a set of proposed principles for lobbying reform and an evaluation of two specific reforms: limits on business lobbying and funding for citizen groups. Although the thesis focuses on Canadian and American lobbying regulations, its lessons are broadly applicable to any jurisdiction that is considering regulating lobbying.

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Chakahwata, Cynthia. "The effectiveness of banking sector reforms on financial intermediation in African countries." Thesis, 2016. https://hdl.handle.net/10539/24015.

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Thesis (M.M. (Finance & Investment)--University of the Witwatersrand, Faculty of Commerce, Law and Management, Wits Business School, 2016
The banking industry plays an essential role in any economy in terms of resource mobilisation and allocation. Banks also accept deposits, create credit, offer agency, utility and money transmission services.A well-developed banking industry plays an important role in efficient financial intermediation and this helps to boost economic growth. The financial intermediary role performed by banks allows the banking sector to influence the direction of available resources, thereby affecting the rate of economic growth (Obadeyi, 2014).Due to these benefits derived from the banking sector, a large number of industrialised, developing and transition countries have undertaken extensive reforms in their banking sector over the past two decades (Swary and Topf 1992). Banking sector reforms are defined as government intervention in the banking industry to provide a panacea for existing anomalies in the banking sector (Azeez and Ojoh, 2012). The reforms that were implemented by various countries included interest rates liberalisation, the removal of quantitative controls on lending, lifting barriers to competition, deregulation of the banking sector, the privatisation of public financial institutions and the introduction of market based securities. They were implemented to enhance the intermediation role of banks, ensure that banks are well positioned to greatly mobilise savings and optimally allocate these mobilised savings in the form of credit extension to profitable investments (Ajayi, 2005). The treatise investigates the effectiveness of banking sector reforms on financial intermediation in African Countries using data of eleven countries. Annual time series and panel data which covered a period of 20 years from 1980 to 2000 was used.Secondary data which was used for this treatise was gathered fromjournals, books, peer-reviewed articles, International Monetary Fund statistics (IMF), Global Banking (Center for financial markets Milken Institute) and World Bank Financial Development database was used in this research. The regression results showed that the banking sector reforms had a negative impact on financial intermediation on the eleven countries under study. Thus, the reforms failed to achieve their objectives of mobilising savings and increasing intermediation activities (lending). In addition, the results showed that the control variables which were inflation and gross savings had an inversely relationship with financial intermediation except for income per capita which had a positive relationship. The main causes of the failure of the banking sector iii reforms in Africa were the macroeconomic imbalances, financial system instability and wrong sequencing of the reforms.
GR2018

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Manurung, Jadi Haposan. "Investor Protection in the Indonesian Securities Market: Fact or Fiction?" Thesis, 2016. https://vuir.vu.edu.au/42316/.

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The improvement of investor protection systems is increasingly becoming a major concern of the financial sector in almost all jurisdictions because investors play a significant role in sustaining the activities of the securities market. With the enactment of its Capital Market Law, Indonesia has developed a rule and principles-based system to protect investors. However, the purpose of an investor protection system is not merely to provide regulations, ensure market supervision, and law enforcement, but also to provide investors with mechanisms for effective and efficient financial dispute resolution. Moreover, most research on investor protection systems has focused on the issue of compliance with disclosure requirements by public listed companies and issuers. In addition, previous studies of investor protection systems have been concerned with the governance of market institutions and licensed entities when implementing rules and regulations in the securities market. Neither scholars nor practitioners have paid much attention to seeking the means by which disputes between retail investors and license entities can be responded to and resolved quickly and effectively. This study aims to investigate whether the existing Indonesian domestic laws and regulations effectively meet the requirements of securities investments in Indonesia. Another objective of this research is to scrutinise the regulatory framework of the Indonesian financial sectors. The study assessed the feasibility of introducing law reforms in the Indonesian securities market and establishing financial dispute resolution mechanisms in the financial sectors, including the securities market, according to the Financial Services Law. For the purposes of this study, we conducted an extensive review of the literature, the publicly available reports, and the documents pertaining to the investor protection system. We also examined the domestic and international norms, regulations and legislations related to investor protection mechanisms in the financial services sectors. This study has drawn on the empirical experiences and best practices of other jurisdictions in implementing protective measures for retail investors. This research involves several forms of investigations and methods, namely regulatory reviews, informal group discussions, and lessons-learned. The thesis found that the implementation of a financial dispute resolution mechanism in the Indonesia financial services sectors, including the securities market is essential given the failure of the judiciary system in Indonesia in providing legal certainty and better enforcements, especially for retail investors. Further, the regulator needs to establish a close relationship with other enforcement institutions in order to make better decisions in legal proceedings to benefit investors. To address the current shortfall in regulations relevant to the securities market and investor protection system, the study finds that Indonesia needs supports from international paradigms and best practices in order to develop an effective investor protection system.

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Yakabuski, Konrad. "The politics of financial sector reform." Thesis, 1993. http://hdl.handle.net/2429/1566.

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This thesis presents a detailed case analysis of the evolution of regulatory policy in the financial sector in Canada between 1981 and 1991. The thesis adopts both normative and positive analyses of the issue to determine whether economic or political factors were more important in shaping policy outcomes in the sector. While both played a role, the author concludes the political dynamics of the policy-making process were far more influential than the application of objective economic norms. Yet, a positive analysis alone is insufficient in explaining policy outcomes in the financial sector. Exogenous events, the length time involved in formulating and implementing policy changes and the impact of overlapping federal-provincial jurisdiction in the sector further frustrated attempts to engineer policy changes.

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HUANG, JING-PING, and 黃菁萍. "Financial Reform, Economic Policy, Banking and Insurance Sector Development." Thesis, 2019. http://ndltd.ncl.edu.tw/handle/8zyd9m.

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Tu, Chia-Hsiu, and 涂佳秀. "On the Corporate Governance of the Banking Sector and Financial Reform—A case on Chinese Bank." Thesis, 2008. http://ndltd.ncl.edu.tw/handle/7ub7aq.

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碩士
國立高雄第一科技大學
金融營運所
96
The financial industry is important to the country and any banking failure will affect the overall economy. The malpractice of the banking sector is mostly caused by mismanagement. The financial crisis in Taiwan’s banking industry shows the lack of corporate governance. This paper deals with corporate governance in the banking industry and discuss the way to establish a sound financial system and related monitoring issues.

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Koto, Prosper Senyo. "Structural reforms, debt financing and the formal and informal sector in sub-Saharan Africa--an empirical analysis." 2016. http://hdl.handle.net/1993/31542.

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The study is about enterprises in the formal and informal sectors in sub-Saharan Africa and consists of three separate but connected essays. The first essay examines whether or not structural reforms in the business regulatory environment, trade sector, and the financial sector, can influence access to debt financing for investment by enterprises in sub-Sahara Africa. The data is from the World Bank Enterprise Surveys. The analyses involve panel data models. The results are indicative that taken together; structural policy reforms reduce debt-financing constraints. Reforms in the business regulatory environment and the financial sector increase the likelihood of access to debt financing. However, for trade, beyond a threshold, further reductions in the tariff and non-tariff barriers make it harder for enterprises to obtain debt financing. These results have implications for the type of reforms pursued in various countries. The second essay examines how social capital, education, and liquidity constraints influence the decision of an entrepreneur to operate either in the formal or informal sector. For enterprises that did not register and operating for less than five years, there is evidence that the likelihood of running in the informal sector, as opposed to the formal sector, decreases with the entrepreneurial level of education while social capital increases this likelihood. However, for enterprises in the informal sector, operating for over five years, liquidity constraints impedes formalisation. In the long run, the decision to stay informal or formalise depends on funding constraints, the incidence of taxes in the formal sector and the perception that there are no benefits from operating in the formal sector. The third essay is about the relationship between enterprises in the formal and informal sector and aims to uncover, at least in part, whether or not social and human capitals are important in facilitating the linkages between enterprises in the formal and the informal sectors. The analysis involves flexible binary generalised extreme value models. The results are indicative that for both male and female entrepreneurs, social and human capitals have significant positive real effects on the likelihood of linkages.
October 2016

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Jang, Jin-Ho. "The neoliberal transformation of the developmental state in South Korea : the financial sector, reform politics, and global capital /." 2006. http://gateway.proquest.com/openurl?url_ver=Z39.88-2004&rft_val_fmt=info:ofi/fmt:kev:mtx:dissertation&res_dat=xri:pqdiss&rft_dat=xri:pqdiss:3242880.

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Thesis (Ph.D.)--University of Illinois at Urbana-Champaign, 2006.
Source: Dissertation Abstracts International, Volume: 67-11, Section: A, page: 4351. Adviser: Jan Nederveen Pieterse. Includes bibliographical references (leaves 172-201) Available on microfilm from Pro Quest Information and Learning.

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Dornan, Matthew. "Renewable technologies for energy security: institutions and investment in Fiji's electricity sector." Phd thesis, 2011. http://hdl.handle.net/1885/10298.

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Renewable energy technologies have been advocated in Fiji's electricity sector on the basis that they improve energy security and serve as a risk-mitigation measure against oil price increases. This follows a decade of significant oil price volatility and historically high oil prices, which negatively affected the oil-dependent electricity sector in Fiji and other Small Island Developing States in the Pacific. This dissertation examines the extent to which renewable technologies can improve energy security in the electricity grid and in rural off-grid areas of Fiji. The main contributions from the research are a novel empirical analysis of generation cost-risk in the electricity grid; an analysis of institutions governing power sector investment; a survey, interview and focus group-based analysis of rural electricity supply; and an evaluation of implications of the research findings for policy. In Fiji's electricity grid, threats to energy security are primarily the result of increased generation costs and their impact on electricity prices. Risk is therefore financial. In this thesis, it is assessed using portfolio theory. Detailed data on costs and variability is fed into a stochastic portfolio model, which is developed to analyse the impact of renewable technologies on generation costs and financial risk in Fiji's electricity grid looking forward to 2025. The analysis demonstrates that renewable technologies can be expected to significantly improve the security of electricity supply through diversification, as the cost streams of renewable technologies are neither correlated with those of oil-based power generation, nor strongly correlated with each other. Importantly, investment in hydro, geothermal, biomass and bagasse-based power generation is found to lower expected average generation costs in the electricity grid. The implementation of energy efficiency measures also lowers generation costs and risk in the electricity grid. Renewable technology investment that is forecast in Fiji's electricity grid is found to fall short of what would be desirable based on the analysis, despite being significant. This investment deficit can be explained by institutional arrangements in the power sector. The research shows that barriers to investment in renewable technologies include political uncertainty, lack of available finance, and historically low feed-in and retail tariff rates. Regulatory reform now occurring is found to be promising in this regard, and is likely to attract increased investment in renewable technologies. Continuing political uncertainty nonetheless remains a barrier to investment, given the regulatory risk it entails. In rural off-grid areas of Fiji, energy security needs to be understood differently, with fuels such as kerosene commonly used as substitutes for electricity in the provision of services. This dissertation examines energy security and power generation in four rural communities in Vanua Levu (in northern Fiji), where there is widespread use of village diesel generators and household solar photovoltaic systems installed under government rural electrification programs. A survey, interviews and focus group discussions conducted for this dissertation show that un-electrified households were disproportionately impacted by oil price volatility in recent years, due to their reliance on fossil fuels. Power outages in electrified households were also found to be common. For village diesel systems, collective responsibility for financing fuel and maintenance is problematic. Informal norms and governance arrangements at the village level only partially resolve these issues. Solar photovoltaic systems in these communities also commonly perform poorly, primarily as a result of inadequate arrangements for maintenance established by government. A number of policy implications are identified in the dissertation. Forecast renewable technology investments in the electricity grid are worthwhile in light of their financial and risk mitigation benefits. Regulatory reform now underway and high retail and feed-in tariff rates already in place are facilitating such investment. Policy measures that could further encourage investment in renewable technologies include those designed to strengthen political and regulatory certainty; improve access to finance, land, and renewable energy resources; reform the sugar industry; and support research on renewable energy resources. Mechanisms designed to encourage the use of energy efficiency technologies should also be adopted. In rural off-grid areas, there are strong financial and social benefits from electricity provision, but reform of rural electrification programs is needed.

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Yu, Lu [Verfasser]. "Consequences of the globalization and the entry to the WTO on the reform of the Chinese financial sector : direction and impacts of reconstruction in the bank industry / vorgelegt von Yu Lu." 2005. http://d-nb.info/975477609/34.

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Omoruan, Augustine Idowu. "The design and implementation policy of the National Health Insurance Scheme in Oyo State, Nigeria." Thesis, 2018. http://hdl.handle.net/10500/25895.

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Given the general poor state of health care and the devastating effect of user fee, the National Health Insurance Scheme (NHIS) was instituted as a health financing policy with the main purpose to ensure universal access for all Nigerians. However, since NHIS became operational in 2005, only members of scheme are able to access health care both in the public and in private sectors, representing about 3% of Nigerian population. The thesis therefore examines the design and implementation policy of NHIS in Oyo state, Nigeria. Key design issues conceptual framework guides the analysis of data. The framework identifies three health interrelated financing functions namely revenue collection, risk pooling and purchasing. Data was collected from the NHIS officials, employees of the Health Maintenance Organisations (HMOs) and the Health Care Providers (HCPs) using key informant interview. In addition, in-depth interview and semi structure questionnaire were used to gather data from the enrolees and the nonenrolees. Empirical findings show that NHIS is fragmented given the existence of several programmes. In addition, there is no risk pooling neither redistribution of funds in the scheme. Revenue generated through contributions from the enrolees was not sufficient to fund health care services received by the beneficiaries because of the small percentage of the Nigerian population that the scheme covers. Further findings indicate that enrolled federal civil servants have not commenced monthly contribution to the NHIS. They pay 10% as co-pay in every consultation while federal government as an employer subsidised by 90%. Majority (76.8%) of the respondents agreed that they were financially protected from catastrophic spending. However, the overall benefit package was rated moderate because of exclusion of some priority and essential health care needs. Although above half (57%) of the respondents concurred that HMOs are accessible, in the overall, (47.6%) of the respondents were not satisfied with their services. In the case of the HCPs, majority (61.9%) of the respondents claimed that there is no excessive waiting time for consultation. Furthermore, (64.3%) rated their interpersonal relationship with the HCPs to be good. However, more than half of the respondents (54%) disagreed on availability of prescribed drugs in NHIS accredited health facilities. For the nonenrolees, findings show that most of the respondents (72.9%) were willing to enrol, but significant proportion (47.5%) indicated financial constraint as impediment to enrolment.
Sociology
D. Phil. (Sociology)

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Dissertations / Theses on the topic 'Financial Sector Reforms'

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