Financial Markets and Economic Performance

Financial Markets and Economic Performance

Author: John E. Silvia

Publisher: Springer Nature

Published: 2021-07-31

Total Pages: 469

ISBN-13: 3030762955

DOWNLOAD EBOOK

Effective decision making requires understanding of the underlying principles of financial markets and economics. Intellectually, economics and financial markets are genetically intertwined although when it comes to popular commentary they are treated separately. In fact, academic economic thinking appears separate from financial market equity strategy in most financial market commentary. Historically, macroeconomics tended to assume away financial frictions and financial intermediation whereas financial economists did not necessarily consider the negative macroeconomic spill overs from financial market outcomes. In more recent years, the economic discipline has gone through a serious self-reflection after the global crisis. This book explores the interplay between financial markets and macroeconomic outcomes with a conceptual framework that combines the actions of investors and individuals. Of interest to graduate students and those professionals working in the financial markets, it provides insight into why market prices move and credit markets interact and what factors participants and policy makers can monitor to anticipate market change and future price paths. ​


Creating an Efficient Financial System

Creating an Efficient Financial System

Author: Thorsten Beck

Publisher: World Bank Publications

Published: 2006

Total Pages: 43

ISBN-13:

DOWNLOAD EBOOK

Financial sector development fosters economic growth and reduces poverty by widening and broadening access to finance and allocating society's savings more efficiently. The author first discusses three pillars on which sound and efficient financial systems are built: macroeconomic stability and effective and reliable contractual and informational frameworks. He then describes three different approaches to government involvement in the financial sector: the laissez-faire view, the market-failure view and the market-enabling view. Finally, the author analyzes the sequencing of financial sector reforms and discusses the benefits and challenges that emerging markets face when opening their financial systems to international capital markets.


Finance, Governance and Economic Performance in Pacific and South East Asia

Finance, Governance and Economic Performance in Pacific and South East Asia

Author: David G. Dickinson

Publisher: Edward Elgar Publishing

Published: 2000-01-01

Total Pages: 420

ISBN-13: 9781781009987

DOWNLOAD EBOOK

'. . . this is an interesting and valuable collection of papers that addresses a highly topical area of research. The quality of writing is high in the main and the econometric methodology and models transparent. The appendices to many of the empirical chapters provide detailed information about data sources as well as model results. The book should be required reading for researchers and graduate students in this field, and the review papers provide valuable teaching material. It will be especially useful for those concerned with the contribution of governance structures to economic performance, financial crises and the still-disputed relationship between growth and financial liberalization.' - Jenifer Piesse, Asia Pacific Business Review Finance, Governance and Economic Performance in Pacific and South East Asia focuses on key aspects of government policy, financial systems and their links to the economic miracle in Pacific and South East Asia. It also considers the financial crises that have affected those economies and their economic progress. The contributors examine the success of governance in the form of government involvement with the macroeconomy, and with the deregulation of markets in general. Attention is drawn not only to the need for further liberalisation, but also the need to introduce regulatory structures to produce orderly markets.


Financial Systems and Economic Policy in Developing Countries

Financial Systems and Economic Policy in Developing Countries

Author: Stephan Haggard

Publisher:

Published: 1995

Total Pages: 290

ISBN-13:

DOWNLOAD EBOOK

Focuses on the economic determinants and effects of credit allocation policies, examining financial policy and its influence on economic performance, especially through its effect on credit allocation. Covers the period from 1960 to 1990.


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


Financial Systems and Economic Growth

Financial Systems and Economic Growth

Author: Peter L. Rousseau

Publisher: Cambridge University Press

Published: 2017-09

Total Pages: 309

ISBN-13: 1107141095

DOWNLOAD EBOOK

This volume presents essays that take a historical look at aspects of the finance-growth nexus.


Monetary and Financial Systems in Africa

Monetary and Financial Systems in Africa

Author: Aloysius Ajab Amin

Publisher: Springer Nature

Published: 2022-05-26

Total Pages: 449

ISBN-13: 3030962253

DOWNLOAD EBOOK

This book provides an overview of the monetary and financial systems seen in Africa. The issues related to these systems are examined to help evaluate their effectiveness in fostering the development of African economies. Economic integration is extensively discussed to highlight variations between different parts of Africa and the specific challenges seen within certain regions. The impact of monetary unions, in particular the CFA franc zone, on economic activities is also explored. This book aims to outline how sustainable development can be achieved in Africa through well-developed financial and monetary institutions and policies. It will be relevant to students, academics and policy makers interested in African and development economics.