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Financial Development and Economic Growth

Explaining the Links

  • Charles A. E. Goodhart
Book

Part of the British Association for the Advancement of Science book series (BAAS)

Table of contents

  1. Front Matter
    Pages i-xxvi
    PDF
  2. Financial Development, Growth and Poverty: How Close are the Links?
    Patrick Honohan
    Pages 1-37
  3. Finance and Growth: What we Know and What we Need to Know
    P. Demetriades, S. Andrianova
    Pages 38-65
  4. Competition in the Financial Sector and Growth: A Cross-Country Perspective
    Stijn Claessens, Luc Laeven
    Pages 66-105
  5. The Great Divide and Beyond: Financial Architecture in Transition
    Erik Berglof, Patrick Bolton
    Pages 106-134
  6. Microfinance: Where do we Stand?
    Beatriz Armendáriz de Aghion, Jonathan Morduch
    Pages 135-148
  7. Financial Development, Institutional Investors and Economic Performance
    E. Philip Davis
    Pages 149-182
  8. Money, Stability and Growth
    C. A. E. Goodhart
    Pages 183-206
  9. Back Matter
    Pages 207-221
    PDF

About this book

Introduction

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.

Keywords

development economic growth financial markets growth money Sustainable Growth

Editors and affiliations

  • Charles A. E. Goodhart
    • 1
  1. 1.London School of Economics and Political ScienceUK

Bibliographic information