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Financial sector reforms in Pakistan and a test for McKinnon and Shaw's transmission mechanism : 'Lessons from the last decade'

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The Ethics of Speed: Activism After Seattle WORKING PAPERS FINANCIAL SECTOR REFORMS IN PAKISTAN AND A TEST FOR MCKINNON AND SHAW’S TRANSMISSION MECHANISM: ‘LESSONS FROM THE LAST DECADE’ Dawood Mamoon May 2004 Working Paper Series No. 397 Institute of S FINANCIAL SECTOR REFORM FOR MCKINNON AND S MECHANISM: ‘LESSONS F Dawood Mayl Working Paper Comments are welcome and sh c/o ORPAS - Institute of So 2502LT The Hague workingpa ocial Studies S IN PAKISTAN AND A TEST HAW’S TRANSMISSION ROM THE LAST DECADE’ Mamoon 2004 Series No. 397 ould be addressed to the author: cial Studies - P.O. Box 29776 - The Netherlands [email protected] 2 The Institute of Social Studies is Europe’s longest-established centre of higher education and research in development studies. Post-graduate teaching programmes range from six-week diploma courses to the PhD programme. Research at ISS is fundamental in the sense of laying a scientific basis for the formulation of appropriate development policies. The academic work of ISS is disseminated in the form of books, journal articles, teaching texts, monographs and working papers. The Working Paper series provides a forum for work in progress which seeks to elicit comments and generate discussion. The series includes the research of staff, PhD participants and visiting fellows, and outstanding research papers by graduate students. For a list of available Working Papers and how to order them see the last page of this Working Paper. Some of the latest Working Papers are published full text (or abstract and content page) on the website: (Research / Working Papers) For further information contact: ORPAS - Institute of Social Studies - P.O. Box 29776

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