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.
| ISBN: | 9780415847667 |
| Publication date: | 1st March 2013 |
| Author: | K L Gupta |
| Publisher: | Routledge an imprint of Taylor & Francis Ltd |
| Format: | Paperback |
| Pagination: | 254 pages |
| Series: | Routledge Library Editions: Development |
| Genres: |
Development studies International economics Development economics and emerging economies Political economy Social groups, communities and identities Sociology Social discrimination and social justice |