Financial Structure and Economic Growth: A Cross-Country Comparison of Banks, Markets, and Development

By Asli Demirgüç-Kunt

Book Overview

This is a broad cross-country assessment of the ties between financial structure - the mix of financial instruments, institutions, and markets in a given economy - and economic growth. Most studies focus on developed countries and compare bank-based and market-based systems. Debates over the relative merits of the two systems have relied on case studies of Germany, Japan, the United Kingdom, and the United States, countries with similar long-run growth rates. The absence of data on developing countries limits the usefulness of such studies for policy makers.

• Format: Hardcover
• Language: English
• ISBN: 0262041987
• ISBN13: 9780262041980
• Release Date: December 2001
• Publisher: MIT Press
• Length: 443 Pages
• Weight: 1.67 lbs.
• Dimensions: 9.5" x 1.0" x 6.3"