Financial Development and Economic Growth
Explaining the Links| By: | Charles Goodhart |
| Publisher: | Springer Nature |
| Print ISBN: | 9781349514878 |
| eText ISBN: | 9780230374270 |
| Edition: | 1 |
| Copyright: | 2004 |
| Format: | Page Fidelity |
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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.