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Finance and Development: Surveys of Theory, Evidence and Policy

By Christopher J. Green (Editor), Colin Kirkpatrick (Editor), Victor Murinde (Editor)
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By Christopher J. Green (Editor), Colin Kirkpatrick (Editor), Victor Murinde (Editor)
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In the last two decades, the role of finance in the development process has become a major topic of research and debate. Although it is widely agreed that there is an important link between the two, there is much less consensus on the exact nature of the relationship. Is financial development a prerequisite for general economic development, or is it a more passive by-product of the development process?

In this valuable new book, a distinguished group of authors takes stock of the existing s...

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