Financial Structure and Economic Growth
Author: Aslı Demirgüç-Kunt
Publisher: MIT Press
Published: 2001
Total Pages: 452
ISBN-13: 9780262541794
DOWNLOAD EBOOK →CD-ROM contains: World Bank data.
Author: Aslı Demirgüç-Kunt
Publisher: MIT Press
Published: 2001
Total Pages: 452
ISBN-13: 9780262541794
DOWNLOAD EBOOK →CD-ROM contains: World Bank data.
Author:
Publisher: World Bank Publications
Published: 2000
Total Pages: 66
ISBN-13:
DOWNLOAD EBOOK →A country's level of financial development and the legal environment in which financial intermediaries and markets operate critically influence economic development. In countries whose financial sectors are more fully developed and whose legal systems protect the rights of outside investors, economies grow faster, industries dependent on external finance expand more quickly, new firms are created more easily, firms have more access to external financing, and firms grow faster.
Author: Ross Levine
Publisher: World Bank Publications
Published: 2000
Total Pages: 44
ISBN-13:
DOWNLOAD EBOOK →Non-technical summary; The model; Risk and transactions costs; Financial intermediaries: researcher/mobilizer.
Author: Ross Levine
Publisher: World Bank Publications
Published:
Total Pages: 84
ISBN-13:
DOWNLOAD EBOOK →The International Monetary Fund (IMF) presents the full text of the December 2000 paper entitled "Financial Development and Economic Growth: An Overview," prepared by Mohsin S. Khan and Abdelhak S. Senhadji. The text is available in PDF format and the paper is part of the IMF's Working Paper series. This paper provides a review of literature on financial markets and discusses the relationship between financial development and economic growth.
Author: Thorsten Beck
Publisher: World Bank Publications
Published: 1999
Total Pages: 67
ISBN-13:
DOWNLOAD EBOOK →This new database of indicators of financial development and structure across countries and over time unites a range of indicators that measure the size, activity, and efficiency of financial intermediaries and markets.
Author: Vojislav Maksimovic
Publisher:
Published: 2016
Total Pages: 61
ISBN-13:
DOWNLOAD EBOOK →A country's level of fina ...
Author: Thorsten Beck
Publisher: Edward Elgar Publishing
Published: 2018-07-27
Total Pages: 616
ISBN-13: 1785360515
DOWNLOAD EBOOK →This Handbook provides a comprehensive overview of the relationship between financial and real sector development. The different chapters, written by leading contributors in the field, survey research on the importance of financial development for economic growth, the causes and consequences of financial fragility, the historic development of financial systems in several major economies and regions of the world, and the regulatory and supervisory underpinnings of financial sector development.
Author: Asl? Demirgüç-Kunt
Publisher: World Bank Publications
Published: 2000
Total Pages: 40
ISBN-13:
DOWNLOAD EBOOK →How the relative development of a country's stock market and banking system affects firms' growth is closely tied to how well developed the country's contracting environment is. How differences in the contracting environment affect the relative development of the stock market or banking system may have implications for which firms and which projects get financing.
Author: Oliver Hart
Publisher: Clarendon Press
Published: 1995-10-05
Total Pages: 244
ISBN-13: 0191521728
DOWNLOAD EBOOK →This book provides a framework for thinking about economic instiutions such as firms. The basic idea is that institutions arise in situations where people write incomplete contracts and where the allocation of power or control is therefore important. Power and control are not standard concepts in economic theory. The book begins by pointing out that traditional approaches cannot explain on the one hand why all transactions do not take place in one huge firm and on the other hand why firms matter at all. An incomplete contracting or property rights approach is then developed. It is argued that this approach can throw light on the boundaries of firms and on the meaning of asset ownership. In the remainder of the book, incomplete contacting ideas are applied to understand firms' financial decisions, in particular, the nature of debt and equity (why equity has votes and creditors have foreclosure rights); the capital structure decisions of public companies; optimal bankruptcy procedure; and the allocation of voting rights across a company's shares. The book is written in a fairly non-technical style and includes many examples. It is aimed at advanced undergraduate and graduate students, academic and business economists, and lawyers as well as those with an interest in corporate finance, privatization and regulation, and transitional issues in Eastern Europe, the former Soviet Union, and China. Little background knowledge is required, since the concepts are developed as the book progresses and the existing literature is fully reviewed.