Investment Finance in Economic Development

by Rogerio Studart

Overview

As a result of the liberalization of the 1980s, the financial system has acquired a prominent role in developing economies. It is now conventional wisdom that 'financial liberalization' is the means to stimulate economic development. Investment Finance in Economic Development challenges this assumption and offers an alternative view. The book prese

Product Details

ISBN-13:	9781134839193
Publisher:	Taylor & Francis
Publication date:	04/06/1995
Sold by:	Barnes & Noble
Format:	eBook
Pages:	256
File size:	1 MB

About the Author

Rogkrio Studart is Associate Professor of Economics and Tutor of Undergraduate Studies at the Federal University of Rio de Janeiro.

Table of Contents

Preface 1 Introduction 2 Finance and economic development: The dominance of the prior-saving argument 3 Departing from the prior-saving argument: Finance in a monetary production economy 4 Saving and financial markets in economic growth 5 Financial structures, financial development and economic development 6 From theory to evidence 7 Financial system and industrialisation in Brazil, 1947-66 8 The financial reforms and the ‘economic miracle’ 9 Towards the lost decade: The financial system in the imbalanced growth (1973-83) 10 Conclusion