Language:
English
Pages:
Online-Ressource
Edition:
Online-Ausg. World Bank E-Library Archive Also available in print
Series Statement:
Policy research working paper 3955
Parallel Title:
Demirguç-Kunt, Asli Finance and economic development
Keywords:
Finance
;
Finance
;
Developing countries Economic policy
;
Developing countries Economic policy
Abstract:
"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
Note:
Includes bibliographical references
,
Title from PDF file as viewed on 8/23/2006
,
Also available in print.
URL:
Volltext
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