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Financial systems and economic growth :

"An important literature on comparative long-run economic growth focuses on financial development. This work in economic history strongly complements the extensive empirical research by King and Levine (1993) and many others who have established a strong connection between financial development...

Täydet tiedot

Bibliografiset tiedot
Muut tekijät: Rousseau, Peter L., Wachtel, Paul
Aineistotyyppi: Printed Book
Sarja:Studies in macroeconomic history
Aiheet:
LEADER 01520cam a22002178i 4500
020 |a 9781107141094 (hardback) 
082 0 0 |a 332  |b ROV.F 
245 0 0 |a Financial systems and economic growth : 
300 |a pages cm. 
490 0 |a Studies in macroeconomic history 
520 |a "An important literature on comparative long-run economic growth focuses on financial development. This work in economic history strongly complements the extensive empirical research by King and Levine (1993) and many others who have established a strong connection between financial development and subsequent economic growth. Rousseau and Sylla (2003) develop the concept of financial revolutions. They argue based on the history of the Netherlands, Great Britain, the United States, France, Germany and Japan, that these countries grew rapidly after financial revolutions which created "good" financial systems. Such systems have five key components: sound public finance and public debt management; a stable monetary regime; a banking system; a central bank; and well- functioning securities markets"-- 
650 0 |a Economic development. 
650 0 |a Finance, Public. 
650 0 |a Monetary policy. 
650 0 |a Banks and banking. 
650 7 |a BUSINESS & ECONOMICS / Development / Economic Development. 
700 1 |a Rousseau, Peter L., 
700 1 |a Wachtel, Paul, 
942 |c BK 
999 |c 24094  |d 24094 
952 |0 0  |1 0  |2 ddc  |4 0  |6 332_000000000000000_ROV_F  |7 0  |9 26497  |a CAMPUS  |b CAMPUS  |d 2019-04-05  |l 0  |o 332 ROV.F  |p 26887  |r 2019-04-05  |w 2019-04-05  |y BK