nep-fdg 2008-01-19 papers

on Financial Development and Growth

Issue of 2008‒01‒19
one paper chosen by
Iulia Igescu
Global Insight, GmbH

Finance, financial sector policies, and long-run growth By Levine, Ross; Demirguc-Kunt, Asli

Finance, financial sector policies, and long-run growth

By:	Levine, Ross; Demirguc-Kunt, Asli
Abstract:	The first part of this paper reviews the literature on the relation between finance and growth. The second part of the paper reviews the literature on the historical and policy determinants of financial development. Governments play a central role in shaping the operation of financial systems and the degree to which large segments of the financial system have access to financial services. The paper discusses the relationship between financial sector policies and economic development.
Keywords:	Debt Markets,Access to Finance,Emerging Markets,,Economic Theory & Research
Date:	2008–01–01
URL:	http://d.repec.org/n?u=RePEc:wbk:wbrwps:4469&r=fdg

This nep-fdg issue is ©2008 by Iulia Igescu. It is provided as is without any express or implied warranty. It may be freely redistributed in whole or in part for any purpose. If distributed in part, please include this notice.

General information on the NEP project can be found at http://nep.repec.org. For comments please write to the director of NEP, Marco Novarese at <director@nep.repec.org>. Put “NEP” in the subject, otherwise your mail may be rejected.

NEP’s infrastructure is sponsored by the School of Economics and Finance of Massey University in New Zealand.