Finance and Economic Growth in Developing Countries
Finance and Economic Growth in Developing Countries

Author: K. L. Gupta

Publisher:

Published: 2010-11-26

Total Pages: 0

ISBN-13: 9780415595490

DOWNLOAD EBOOK

First published in 1984, this study analyses contemporary research into the role of financial development as a means of accelerating the economic growth of developing countries. The author analyses both the âe~financial structuralistâe(tm) and âe~financial repressionistâe(tm) schools of thought in order to determine both the direction of causality between financial and real growth and the accuracy of the repressionistsâe(tm) assertion that real interest rates and their stability do matter in the economies of developing countries.

Finance and Economic Growth in Developing Countries
Finance and Economic Growth in Developing Countries

Author: K.L. Gupta

Publisher: Routledge Library Editions: De

Published: 2013-02-28

Total Pages: 264

ISBN-13: 9780415847667

DOWNLOAD EBOOK

First published in 1984, this study analyses contemporary research into the role of financial development as a means of accelerating the economic growth of developing countries. The author analyses both the ¿financial structuralist¿ and ¿financial repressionist¿ schools of thought in order to determine both the direction of causality between financial and real growth and the accuracy of the repressionists¿ assertion that real interest rates and their stability do matter in the economies of developing countries.

Financial Development and Economic Growth
Financial Development and Economic Growth

Author: Niels Hermes

Publisher: Routledge

Published: 2013-04-15

Total Pages: 381

ISBN-13: 1135635447

DOWNLOAD EBOOK

This collection brings together a collection of theoretical and empirical findings on aspects of financial development and economic growth in developing countries. The book is divided into two parts: the first identifies and analyses the major theoretical issues using examples from developing countries to illustrate how these work in practice; the second part looks at the implications for financial policy in developing countries.

Finance and Economic Development
Finance and Economic Development

Author: Asl? Demirgüç-Kunt

Publisher: World Bank Publications

Published: 2006

Total Pages: 55

ISBN-13:

DOWNLOAD EBOOK

" The empirical literature on finance and development suggests that countries with better developed financial systems experience faster economic growth. Financial development-as captured by size, depth, efficiency, and reach of financial systems-varies sharply around the world, with large differences among countries at similar levels of income. This paper argues that governments play an important role in building effective financial systems and discusses different policy options to make finance work for development."--World Bank web site.

Economic Growth and Financial Development
Economic Growth and Financial Development

Author: Muhammad Shahbaz

Publisher: Springer Nature

Published: 2021-09-21

Total Pages: 245

ISBN-13: 3030790037

DOWNLOAD EBOOK

This book looks into the relationship between financial development, economic growth, and the possibility of a potential capital flight in the transmission process. It also examines the important role that financial institutions, financial markets, and country-level institutional factors play in economic growth and their impact on capital flight in emerging economies. By presenting new theoretical insights and empirical country studies as well as econometric approaches, the authors focus on the relationship between financial development and economic growth with capital flight in the era of financial crisis. Therefore, this book is a must-read for researchers, scholars, and policy-makers, interested in a better understanding of economic growth and financial development of emerging economies alike.

Finance, Financial Sector Policies, and Long-run Growth
Finance, Financial Sector Policies, and Long-run Growth

Author: Asli Demirguc-Kunt

Publisher: World Bank Publications

Published: 2008

Total Pages: 82

ISBN-13:

DOWNLOAD EBOOK

Abstract: The first part of this paper reviews the literature on the relation between finance and growth. The second part of the paper reviews the literature on the historical and policy determinants of financial development. Governments play a central role in shaping the operation of financial systems and the degree to which large segments of the financial system have access to financial services. The paper discusses the relationship between financial sector policies and economic development.

Finance and Growth
Finance and Growth

Author: Ross Levine

Publisher:

Published: 2004

Total Pages: 130

ISBN-13:

DOWNLOAD EBOOK

"This paper reviews, appraises, and critiques theoretical and empirical research on the connections between the operation of the financial system and economic growth. While subject to ample qualifications and countervailing views, the preponderance of evidence suggests that both financial intermediaries and markets matter for growth and that reverse causality alone is not driving this relationship. Furthermore, theory and evidence imply that better developed financial systems ease external financing constraints facing firms, which illuminates one mechanism through which financial development influences economic growth. The paper highlights many areas needing additional research"--NBER website