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

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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.


What Factors Appear to Drive Private Capital Flows to Developing Countries?

What Factors Appear to Drive Private Capital Flows to Developing Countries?

Author: Dipak Das Gupta

Publisher: World Bank Publications

Published: 2000

Total Pages: 28

ISBN-13:

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Private portfolio flows to a country tend to rise in response to an increase in the current account deficit, a rise in foreign direct investment flows, higher per capita income, and growth performance. The most important determinant of official lending to a developing country seems to be the external current account balance or a change in international reserves in the country.


Financial Development, Institutions, Growth and Poverty Reduction

Financial Development, Institutions, Growth and Poverty Reduction

Author: Basudeb Guha-Khasnobis

Publisher: Springer

Published: 2008-04-01

Total Pages: 337

ISBN-13: 0230594026

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This book explores country case studies and works that detail the exact transmission mechanisms through which financial development can enhance pro-poor development in order to derive best practices in this field. This is an important companion for professionals and policymakers, and also a vital reference source for students.


Development Finance

Development Finance

Author: Stephen Spratt

Publisher: Routledge

Published: 2008-09-26

Total Pages: 433

ISBN-13: 1134099517

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Featuring case studies and real world examples from Asia, Africa and Latin America, as well as the ‘transition’ economies of Eastern Europe, this book explores finance and developing countries, and the impact these have on poverty and globalization.


Private Finance for Development

Private Finance for Development

Author: Hilary Devine

Publisher: International Monetary Fund

Published: 2021-05-14

Total Pages: 161

ISBN-13: 1513571567

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The Covid-19 pandemic has aggravated the tension between large development needs in infrastructure and scarce public resources. To alleviate this tension and promote a strong and job-rich recovery from the crisis, Africa needs to mobilize more financing from and to the private sector.


Financial Globalization and Inequality: Capital Flows as a Two-Edged Sword

Financial Globalization and Inequality: Capital Flows as a Two-Edged Sword

Author: Mr.Barry J. Eichengreen

Publisher: International Monetary Fund

Published: 2021-01-08

Total Pages: 37

ISBN-13: 1513566385

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We review the debate on the association of financial globalization with inequality. We show that the within-country distributional impact of capital account liberalization is context specific and that different types of flows have different distributional effects. Their overall impact depends on the composition of capital flows, their interaction, and on broader economic and institutional conditions. A comprehensive set of policies – macroeconomic, financial and labor- and product-market specific – is important for facilitating wider sharing of the benefits of financial globalization.