Finance, Financial Sector Policies, and Long-Run Growth

• Tác giả: Ross Levine
• Ngôn ngữ: eng
• Ký hiệu phân loại: 338.9 Economic development and growth
• Thông tin xuất bản: World Bank, Washington, DC, 2012
• Bộ sưu tập: Tài liệu truy cập mở
• ID: 328239
• Chủ đề: 1. ACCESS TO INFORMATION; 2. ACCOUNTING; 3. ACCOUNTING STANDARDS; 4. ACTIVE MARKETS; 5. AGENCY PROBLEM

Tóm tắt

The first part of this paper reviews the literature on the relation between finance and growth. The second part of the paper reviews the literature on the historical and policy determinants of financial development. Governments play a central role in shaping the operation of financial systems and the degree to which large segments of the financial system have access to financial services. The paper discusses the relationship between financial sector policies and economic development.