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Palgrave Macmillan

Financial Development and Economic Growth

Explaining the Links

  • Book
  • © 2004

Overview

Editors:
  1. Charles A. E. Goodhart

    1. London School of Economics and Political Science, UK

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Part of the book series: British Association for the Advancement of Science (BAAS)

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Table of contents (7 chapters)

  1. Front Matter

    Pages i-xxvi
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  2. Financial Development, Growth and Poverty: How Close are the Links?

    • Patrick Honohan
    Pages 1-37

  3. Finance and Growth: What we Know and What we Need to Know

    • P. Demetriades, S. Andrianova
    Pages 38-65

  4. Competition in the Financial Sector and Growth: A Cross-Country Perspective

    • Stijn Claessens, Luc Laeven
    Pages 66-105

  5. The Great Divide and Beyond: Financial Architecture in Transition

    • Erik Berglof, Patrick Bolton
    Pages 106-134

  6. Microfinance: Where do we Stand?

    • Beatriz Armendáriz de Aghion, Jonathan Morduch
    Pages 135-148

  7. Financial Development, Institutional Investors and Economic Performance

    • E. Philip Davis
    Pages 149-182

  8. Money, Stability and Growth

    • C. A. E. Goodhart
    Pages 183-206

  9. Back Matter

    Pages 207-221
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Keywords

About this book

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.

Editors and Affiliations

  • London School of Economics and Political Science, UK

    Charles A. E. Goodhart

About the editor

BEATRIZ ARMENDÁRIZ Harvard University, USA and University College London, UK SVETLANA ANDRIANOVA University of Leicester, UK ERIK BERGLOF Director, Stockholm Institute of Transition Economics, Sweden PATRICK BOLTON Princeton University, USA STIJN CLAESSENS University of Amsterdam, The Netherlands E. PHILIP DAVIS Brunel University, London, UK PANICOS DEMETRIADES University of Leicester, UK PATRICK HONOHAN Development Research Group, The World Bank, USA LUC LAEVEN Economist, The World Bank, USA JONATHAN MORDUCH New York University, USA

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