Financial Structure, Economic Growth, and Stability: Policy Challenges of the 21st Century

"This is a terrific book for an important topic. It is must reading for all those interested in the key determinants of economic growth and stability. Phumiwasana skillfully uses data to make a compelling case that capital markets are essential for growth and stability in developed countries, whereas banks play a similar role for emerging market economies." ¿ James R. Barth, Lowder Eminent Scholar in Finance, Auburn University and Senior Fellow, Milken Institute

Triphon Phumiwasana is the Director of External Fund Management Department at the Government Pension Fund (Thailand) and a Research Fellow at the Milken Institute. Phumiwasana received Ph.D. in economics with a concentration in international money and finance from Claremont Graduate University in California.