Financial Development and Economic Growth: Theory and Experiences from Developing Countries

Niels Hermes

ISBN 10: 0415133920 / ISBN 13: 9780415133920

Published by Taylor & Francis Ltd, 1996

About this Item

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Bibliographic Details

• Title: Financial Development and Economic Growth: Theory and Experiences from Developing Countries
• Publisher: Taylor & Francis Ltd
• Publication Date: 1996
• Language: English
• ISBN 10: 0415133920
• ISBN 13: 9780415133920
• Binding: Hardback
• Condition: New
• Weight: 810 grams

About this title

Synopsis

This collection brings together a collection of theoretical and empirical findings on aspects of financial development and economic growth in developing countries. The book is divided into two parts: the first identifies and analyses the major theoretical issues using examples from developing countries to illustrate how these work in practice; the second part looks at the implications for financial policy in developing countries.

About the Author

Niels Hermes is a Post-doctorate Research Fellow in the Department of Economics at Groningen University, The Netherlands. His recent work has been directed at analysing the role of domestic finance markets in the process of economic development. Previously, he has also done research into the causes and consequences of the international debt crisis and of capital flight. Robert Lensink is Assistant Professor in Economics, also at Groningen University. His area of specialisation is economic development, and he has made special reference to the effects of financial flows on developing countries. His two most recent books are Structural Adjustments in Sub-Saharan Africa (Longman) and (with Kanhaya Gupta) Financial Liberalization and Investment (Routledge).