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.
The most successful economies have the best working financial markets. While causation obviously runs in both directions, current research has increas...
This is an assessment of the role of the central banks. Part 1 analyzes the general purposes and functions of the central banks. Part 2 concentrates on their current objectives and operations, and Part 3 looks at the issues of financial regulation.
This is an assessment of the role of the central banks. Part 1 analyzes the general purposes and functions of the central banks. Part 2 concentrates o...