Finance and economic development: policy choices for developing countries

"The empirical literature on finance and development suggests that countries with better developed financial systems experience faster economic growth. Financial development-as captured by size, depth, efficiency, and reach of financial systems-varies sharply around the world, with large differ...

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Bibliographic Details
Main Author: Demirgüç-Kunt, Asli 1961- (Author)
Format: Electronic eBook
Language:English
Published: [Washington, D.C] World Bank 2006
Series:Policy research working paper 3955
Subjects:
Online Access:Volltext
Summary:"The empirical literature on finance and development suggests that countries with better developed financial systems experience faster economic growth. Financial development-as captured by size, depth, efficiency, and reach of financial systems-varies sharply around the world, with large differences among countries at similar levels of income. This paper argues that governments play an important role in building effective financial systems and discusses different policy options to make finance work for development. "--World Bank web site
Item Description:Includes bibliographical references. - Title from PDF file as viewed on 8/23/2006
Erscheinungsjahr in Vorlageform:[2006]
Physical Description:1 Online-Ressource (54 Seiten)