Financial Development and Economic Growth

Financial Development and Economic Growth
Author: Niels Hermes
Publisher: Routledge
Total Pages: 381
Release: 2013-04-15
Genre: 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.

Finance and Growth

Finance and Growth
Author: Asli Demirgüç-Kunt
Publisher:
Total Pages: 1616
Release: 2018-07-27
Genre: Economic development
ISBN: 9781785367427

This two-volume collection brings together major contributions to the study of finance and growth. It includes conceptual and empirical papers that use a range of methodologies to discover the connections between financial systems - including financial contracts, markets, and intermediaries - and the functioning of the economy - including economic growth, entrepreneurship, technological innovation, poverty alleviation, the distribution of income, and the structure and volatility of economies. It also discusses contributions to the study of the legal, political, institutional, social capital and policy determinants of financial development. With an original introduction by the editors, this collection is an important resource for students, academics and practitioners.

Finance and Growth

Finance and Growth
Author: Robert Graham King
Publisher:
Total Pages: 52
Release: 1993
Genre: Economic development
ISBN:

Finance matters. The level of a country's financial development helps predict its rate of economic growth for the following 10 to 30 years. The data are consistent with Schumpeter's view that services provided by financial intermediaries stimulate long- run growth.

Finance, Growth and Inequality

Finance, Growth and Inequality
Author: Louis-Philippe Rochon
Publisher: Edward Elgar Publishing
Total Pages: 323
Release: 2019
Genre: Keynesian economics
ISBN: 1788973690

This book brings together some leading and emerging scholars who bring an alternative view on some of the most pressing issues of today. In addition to key concepts in post-Keynesian and heterodox economics, the authors also explore financialization, debt, income distribution, and policies, and the emerging threat of dualism. Policy makers and scholars alike will find the book a much need addition to the field.

Finance and Growth

Finance and Growth
Author: Ross Levine
Publisher:
Total Pages: 130
Release: 2004
Genre: Economic development
ISBN:

"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

Economic Growth and Financial Development

Economic Growth and Financial Development
Author: Muhammad Shahbaz
Publisher: Springer Nature
Total Pages: 245
Release: 2021-09-21
Genre: 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.

Finance and Economic Growth in Developing Countries

Finance and Economic Growth in Developing Countries
Author: K. L. Gupta
Publisher:
Total Pages: 0
Release: 2010-11-26
Genre: 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.

Financial Systems and Economic Growth

Financial Systems and Economic Growth
Author: Peter L. Rousseau
Publisher: Cambridge University Press
Total Pages: 309
Release: 2017-09
Genre: Business & Economics
ISBN: 1107141095

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

Makers and Takers

Makers and Takers
Author: Rana Foroohar
Publisher: Currency
Total Pages: 402
Release: 2017-09-12
Genre: Business & Economics
ISBN: 0553447254

Is Wall Street bad for Main Street America? "A well-told exploration of why our current economy is leaving too many behind." —The New York Times In looking at the forces that shaped the 2016 presidential election, one thing is clear: much of the population believes that our economic system is rigged to enrich the privileged elites at the expense of hard-working Americans. This is a belief held equally on both sides of political spectrum, and it seems only to be gaining momentum. A key reason, says Financial Times columnist Rana Foroohar, is the fact that Wall Street is no longer supporting Main Street businesses that create the jobs for the middle and working class. She draws on in-depth reporting and interviews at the highest rungs of business and government to show how the “financialization of America”—the phenomenon by which finance and its way of thinking have come to dominate every corner of business—is threatening the American Dream. Now updated with new material explaining how our corrupted financial sys­tem propelled Donald Trump to power, Makers and Takers explores the confluence of forces that has led American businesses to favor balance-sheet engineering over the actual kind, greed over growth, and short-term profits over putting people to work. From the cozy relationship between Wall Street and Washington, to a tax code designed to benefit wealthy individuals and corporations, to forty years of bad policy decisions, she shows why so many Americans have lost trust in the sys­tem, and why it matters urgently to us all. Through colorful stories of both “Takers,” those stifling job creation while lining their own pockets, and “Makers,” businesses serving the real economy, Foroohar shows how we can reverse these trends for a better path forward.