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Financial Development and Economic Growth: Explaining the Links

Financial Development and Economic Growth: Explaining the Links

Paperback

Series: British Association for the Advancement of Science

EconomicsInvesting & Finance

ISBN10: 134951487X
ISBN13: 9781349514878
Publisher: Springer Nature
Published: Jun 14 2004
Pages: 221
Weight: 0.64
Height: 0.52 Width: 5.50 Depth: 8.50
Language: English
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.

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