Financial Development and Economic Growth

Explaining the Links

  • Charles A. E. Goodhart

Table of contents

  1. Front Matter
    Pages i-xxvi
  2. P. Demetriades, S. Andrianova
    Pages 38-65
  3. Erik Berglof, Patrick Bolton
    Pages 106-134
  4. Beatriz Armendáriz de Aghion, Jonathan Morduch
    Pages 135-148
  5. C. A. E. Goodhart
    Pages 183-206
  6. Back Matter
    Pages 207-221

About this book


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.


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