Finance in Developing Countries

First Published in 1977. This issue of the Journal is devoted to papers dealing with various features of the financial process in developing countries progress. While the majority of papers included deal with various aspects of the domestic financial system, a paper is included which lies in the field of international finance and there are two papers within the field of public finance as conventionally defined.

Introduction , P. C. I. Ayre; Chapter 1, W. T. Newlyn; Chapter 2 Money Supply, Inflation and the Balance of Payments in Sri Lanka (1959–74), K. E. A. de Silva; Chapter 3 Money, Prices and the Balance of Payments: Indonesia 1968–73, Bijan B. Aghevli; Chapter 4 Financial Intermediation and Economic Growth in Less-Developed Countries: A Theoretical Approach, Vicente Galbis; Chapter 5 Securities Markets in Less-Developed Countries, P. J. Drake; Chapter 6 Evolving Open Market Operations in a Developing Economy: The Taiwan Experience, Deena R. Khatkhate; Chapter 7 Rural Credit and the Cost of Borrowing: Inter-State Variations in India, Subrata Ghatak; Chapter 8 Exchange Rate Policies for Developing Countries, Andrew D. Crockett, Saleh M. Nsouli; Chapter 9 Payroll Taxation in Developing Countries: The Philippine Case, Richard E. Rosenberg; Chapter 10 Land Taxation and Economic Development: The Model of Meiji Japan, Richard M. Bird;

Edited by P.C.I. Ayre Lecturer in Economics, School of Oriental and African Studies, University of London.