Problem
What is meant by financial repression, financial liberalization, currency substitution, and unorganized money markets, and how do they relate to financial policy in developing countries? List and briefly discuss the seven market failures that Stiglitz and his colleagues say justify a strong government role in developing-country financial sectors. Do you agree or disagree with this assessment? Explain.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.