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Finance and Economic Growth in Developing Countries by K. L. Gupta

Finance and Economic Growth in Developing Countries

by K. L. Gupta
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Book cover type: Hardcover
  • ISBN13: 9780415595490
  • Binding: Hardcover
  • Subject: N/A
  • Publisher: Taylor & Francis Ltd
  • Publisher Imprint: Routledge
  • Publication Date:
  • Pages: 258
  • Original Price: GBP 99.99
  • Language: English
  • Edition: Reprint Edition
  • Item Weight: 650 grams
  • BISAC Subject(s): Development / Economic Development

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.

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