Financial structure and economic development: firm, industry, and country evidence

A country's level of financial development and the legal environment in which financial intermediaries and markets operate critically influence economic development. In countries whose financial sectors are more fully developed and whose legal systems protect the rights of outside investors, ec...

Full description

Saved in:
Bibliographic Details
Format: Electronic eBook
Language:English
Published: Washington, DC World Bank, Development Research Group, Finance 2000
Series:Policy research working paper 2423
Subjects:
Online Access:Volltext
Summary:A country's level of financial development and the legal environment in which financial intermediaries and markets operate critically influence economic development. In countries whose financial sectors are more fully developed and whose legal systems protect the rights of outside investors, economies grow faster, industries dependent on external finance expand more quickly, new firms are created more easily, firms have more access to external financing, and firms grow faster
Item Description:"August 2000"--Cover. - Includes bibliographical references (p. 40-43). - Title from title screen as viewed on Oct. 15, 2002
Erscheinungsjahr in Vorlageform:[2000]
Physical Description:1 Online-Ressource (43 Seiten)