Finance and Economic Growth in Developing Countries
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A01=K. L. Gupta
Author_K. L. Gupta
Category=KCM
Category=KFF
empirical finance research
eq_bestseller
eq_business-finance-law
eq_isMigrated=1
eq_isMigrated=2
eq_nobargain
eq_non-fiction
financial liberalisation impact developing nations
monetary policy analysis
real interest rate effects
savings behaviour models
simulation in economic policy
structuralist economics
Product details
- ISBN 9780415595490
- Weight: 650g
- Dimensions: 156 x 234mm
- Publication Date: 26 Nov 2010
- Publisher: Taylor & Francis Ltd
- Publication City/Country: GB
- Product Form: Hardback
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First published in 1984, this study analyses contemporary research into the role of financial development as a means of accelerating the economic growth of developing countries. The author analyses both the ‘financial structuralist’ and ‘financial repressionist’ schools of thought in order to determine both the direction of causality between financial and real growth and the accuracy of the repressionists’ assertion that real interest rates and their stability do matter in the economies of developing countries.
