Financial Development and Economic Growth - Hermes, Niels / Lensink, Robert (eds.)
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This volume brings together a collection of theoretical and empirical findings on aspects of financial development and economic growth in developing countries. The book is divided into two parts. The first identifies and analyses the major theoretical issues using examples, where possible, from developing countries to show how these work in practice. This section addresses a wide range of topical issues, including endogenous growth and investment. The second part looks at the implications for financial policy in developing countries. Empirical evidence is again drawn from across a broad range of developing countries and regions.…mehr

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Produktbeschreibung
This volume brings together a collection of theoretical and empirical findings on aspects of financial development and economic growth in developing countries. The book is divided into two parts. The first identifies and analyses the major theoretical issues using examples, where possible, from developing countries to show how these work in practice. This section addresses a wide range of topical issues, including endogenous growth and investment. The second part looks at the implications for financial policy in developing countries. Empirical evidence is again drawn from across a broad range of developing countries and regions.
Autorenporträt
Niels Hermes is a Post-doctorate Research Fellow in the Department of Economics at Groningen University, The Netherlands. His recent work has been directed at analysing the role of domestic finance markets in the process of economic development. Previously, he has also done research into the causes and consequences of the international debt crisis and of capital flight. Robert Lensink is Assistant Professor in Economics, also at Groningen University. His area of specialisation is economic development, and he has made special reference to the effects of financial flows on developing countries. His two most recent books are Structural Adjustments in Sub-Saharan Africa (Longman) and (with Kanhaya Gupta) Financial Liberalization and Investment (Routledge).