Author : Niels Hermes
Publisher : Routledge
Page : 381 pages
File Size : 16,41 MB
Release : 2013-04-15
Category : Business & Economics
ISBN : 1135635447
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.
Author : Muhammad Shahbaz
Publisher : Springer Nature
Page : 245 pages
File Size : 35,12 MB
Release : 2021-09-21
Category : Business & Economics
ISBN : 3030790037
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.
Author : Aslı Demirgüç-Kunt
Publisher : MIT Press
Page : 452 pages
File Size : 21,1 MB
Release : 2001
Category : Business & Economics
ISBN : 9780262541794
CD-ROM contains: World Bank data.
Author : Dora L. Costa
Publisher : University of Chicago Press
Page : 400 pages
File Size : 48,91 MB
Release : 2011-10
Category : Business & Economics
ISBN : 0226116344
The conditions for sustainable growth and development are among the most debated topics in economics, and the consensus is that institutions matter greatly in explaining why some economies are more successful than others over time. This book explores the relationship between economic conditions, growth, and inequality.
Author : Thorsten Beck
Publisher : Edward Elgar Publishing
Page : 615 pages
File Size : 24,53 MB
Release : 2018-07-27
Category : Business & Economics
ISBN : 1785360515
This Handbook provides a comprehensive overview of the relationship between financial and real sector development. The different chapters, written by leading contributors in the field, survey research on the importance of financial development for economic growth, the causes and consequences of financial fragility, the historic development of financial systems in several major economies and regions of the world, and the regulatory and supervisory underpinnings of financial sector development.
Author : Stijn Claessens
Publisher : World Bank Publications
Page : 49 pages
File Size : 40,70 MB
Release : 2005
Category : Banks and banking
ISBN :
"The relationships among competition in the financial sector, access of firms to external financing, and associated economic growth are ambiguous in theory. Moreover, measuring competition in the financial sector can be complex. In this paper Claessens and Laeven first estimate for 16 countries a measure of banking system competition based on industrial organization theory. They then relate this competition measure to growth of industries and find that greater competition in countries' banking systems allows financially dependent industries to grow faster. These results are robust under a variety of tests. The results suggest that the degree of competition is an important aspect of financial sector funding. This paper--a product of the Financial Sector Operations and Policy Department--is part of a larger effort in the department to study competition in banking"--World Bank web site.
Author : Stephen H. Haber
Publisher : Stanford University Press
Page : 330 pages
File Size : 48,45 MB
Release : 2008
Category : Business & Economics
ISBN : 9780804756921
The essays in this volume employ the insights and techniques of political science, economics and history to provide a fresh answer to this question.
Author : Peter L. Rousseau
Publisher : Cambridge University Press
Page : 309 pages
File Size : 37,64 MB
Release : 2017-09
Category : Business & Economics
ISBN : 1107141095
This volume presents essays that take a historical look at aspects of the finance-growth nexus.
Author : K. L. Gupta
Publisher :
Page : 0 pages
File Size : 15,43 MB
Release : 2010-11-26
Category : Developing countries
ISBN : 9780415595490
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.
Author : Mr.Jean-Louis Arcand
Publisher : International Monetary Fund
Page : 50 pages
File Size : 24,31 MB
Release : 2012-06-01
Category : Business & Economics
ISBN : 1475526105
This paper examines whether there is a threshold above which financial development no longer has a positive effect on economic growth. We use different empirical approaches to show that there can indeed be "too much" finance. In particular, our results suggest that finance starts having a negative effect on output growth when credit to the private sector reaches 100% of GDP. We show that our results are consistent with the "vanishing effect" of financial development and that they are not driven by output volatility, banking crises, low institutional quality, or by differences in bank regulation and supervision.
