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Financial Development and Economic Growth: Explaining the Links by C. Goodhart

Financial Development and Economic Growth: Explaining the Links

by C. Goodhart
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Book cover type: Hardcover
  • ISBN13: 9781403920669
  • Binding: Hardcover
  • Subject: N/A
  • Publisher: Springer
  • Publisher Imprint: Palgrave MacMillan
  • Publication Date:
  • Pages: 221
  • Original Price: EUR 99.99
  • Language: English
  • Edition: 2004
  • Item Weight: 518 grams
  • BISAC Subject(s): Finance / General, Development / Economic Development, and Economics / Macroeconomics

The most successful economies have the best working financial markets. While causation obviously runs in both directions, current research has increasingly emphasized the role of finance in promoting growth. Here seven leading financial economists explore the links between financial development and growth. The book seeks to answer the question of the role of finance in promoting sustainable growth and in the reduction of poverty, for example via micro-financial institutions.

BEATRIZ ARMENDÁRIZ Harvard University, USA and University College London, UK SVETLANA ANDRIANOVA University of Leicester, UK ERIK BERGLOF Director, Stockholm Institute of Transition Economics, Sweden PATRICK BOLTON Princeton University, USA STIJN CLAESSENS University of Amsterdam, The Netherlands E. PHILIP DAVIS Brunel University, London, UK PANICOS DEMETRIADES University of Leicester, UK PATRICK HONOHAN Development Research Group, The World Bank, USA LUC LAEVEN Economist, The World Bank, USA JONATHAN MORDUCH New York University, USA

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