Item

Finance, growth and fragility: The role of government

Beck,T.H.L.
Abstract
This paper offers a critical survey of the literature on the role of financial deepening in economic development, focusing on the role of government. Specifically, I distinguish between the policy view that relates financial sector development to an array of necessary policies and institutions, the historic view that relates financial sector development to historic and cultural factors, and the politics view that explains financial sector development as the result of political conflicts and decisions. These three views of financial sector deepening imply a different role for government. I discuss examples from the developed and developing world and repercussions for current reform discussions.
Description
Date
2013
Journal Title
Journal ISSN
Volume Title
Publisher
Collections
Tilburg University Research Output Collection
Show all metadata
Research Projects
Organizational Units
Journal Issue
Keywords
SDG 8 - Decent Work and Economic Growth, SDG 10 - Reduced Inequalities
Citation
Beck, T H L 2013, 'Finance, growth and fragility : The role of government', International Journal of Banking, Accounting and Finance, vol. 5, no. 1-2, pp. 49-77. < http://inderscience.metapress.com/content/n21t261v27405m1j/ >
URI
https://hdl.handle.net/20.500.14602/60233
Embedded videos