Financial systems and development

The focus of EDI's program on the financial sector is on the improvement of decision-making in seven important areas dealing with the structure, reform and development of financial systems in developing countries. The areas covered are: reforms of the structure of financial systems; policies and regulations to deal with insolvency and illiquidity of financial intermediaries;the development of markets for short- and long-term financial instruments;the role of institutional elements in the development of financial systems;the links between the financial sector and the real sectors, particularly in the case of restructuring financial and industrial institutions or enterprises; the dynamics of financial systems management in terms of stabilization and adjustment; and access to international financial markets. The program is articulated around cycles of regional and worldwide roundtables and seminars. Policymakers and professionals are brought together to discuss agendas of specific issues and problems,. often identified beforehand by the participants themselves. The papers circulated at these seminars are published in the EDI Working Papers series, to make them available to a broader audience than is possible·within the framework of the seminars themselves.