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Finance and Development: Institutional and Policy Alternatives to Financial Liberalization Theory

Author

Listed:
  • Philip Arestis

    (University of Cambridge)

  • Machiko Nissanke

    (University of London)

  • Howard Stein

    (University of Michigan)

Abstract

No abstract is available for this item.

Suggested Citation

  • Philip Arestis & Machiko Nissanke & Howard Stein, 2005. "Finance and Development: Institutional and Policy Alternatives to Financial Liberalization Theory," Eastern Economic Journal, Eastern Economic Association, vol. 31(2), pages 245-263, Spring.
    • Handle: RePEc:eej:eeconj:v:31:y:2005:i:2:p:245-263
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    File URL: http://web.holycross.edu/RePEc/eej/Archive/Volume31/V31N2P245_263.pdf
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    References listed on IDEAS

    as
    1. Gersovitz, Mark, 1988. "Saving and development," Handbook of Development Economics, in: Hollis Chenery & T.N. Srinivasan (ed.), Handbook of Development Economics, edition 1, volume 1, chapter 10, pages 381-424, Elsevier.
    2. Acemoglu, Daron & Johnson, Simon & Robinson, James & Thaicharoen, Yunyong, 2003. "Institutional causes, macroeconomic symptoms: volatility, crises and growth," Journal of Monetary Economics, Elsevier, vol. 50(1), pages 49-123, January.
    3. Bekaert, Geert & Harvey, Campbell R. & Lundblad, Christian, 2005. "Does financial liberalization spur growth?," Journal of Financial Economics, Elsevier, vol. 77(1), pages 3-55, July.
    4. Jeffrey Sachs, 1988. "Conditionality, Debt Relief, and the Developing Country Debt Crisis," NBER Working Papers 2644, National Bureau of Economic Research, Inc.
    5. Menzie D. Chinn & Hiro Ito, 2002. "Capital Account Liberalization, Institutions and Financial Development: Cross Country Evidence," NBER Working Papers 8967, National Bureau of Economic Research, Inc.
    6. International Monetary Fund, 1990. "Interest Rate Policies, Stabilization, and Bank Supervision in Developing Countries: Strategies for Financial Reforms," IMF Working Papers 1990/008, International Monetary Fund.
    7. Jeffrey D. Sachs & Anthony M. Solomon & William S. Ogden & Eduardo Wiesner & R. T. McNamar, 1988. "Developing Country Debt," NBER Chapters, in: International Economic Cooperation, pages 233-320, National Bureau of Economic Research, Inc.
    8. Delano Villanueva & Abbas Mirakhor, 1990. "Strategies for Financial Reforms: Interest Rate Policies, Stabilization, and Bank Supervision in Developing Countries," IMF Staff Papers, Palgrave Macmillan, vol. 37(3), pages 509-536, September.
    9. Delano S. Villanueva, 2008. "Strategies for Financial Reforms," World Scientific Book Chapters, in: Macroeconomic Policies For Stable Growth, chapter 1, pages 1-29, World Scientific Publishing Co. Pte. Ltd..
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Edgar Demetrio Tovar García., 2012. "Financial Globalization and Financial Development in Transition Countries," Economía: teoría y práctica, Universidad Autónoma Metropolitana, México, vol. 36(1), pages 155-178, Enero-Jun.
    2. Hammudeh, Shawkat & Sohag, Kazi & Husain, Shaiara & Husain, Humaira & Said, Jamaliah, 2020. "Nonlinear relationship between economic growth and nuances of globalisation with income stratification: Roles of financial development and governance," Economic Systems, Elsevier, vol. 44(3).
    3. Edgar Demetrio Tovar, 2011. "Globalización financiera y sus efectos sobre el desarrollo financiero," Revista ESPE - Ensayos sobre Política Económica, Banco de la Republica de Colombia, vol. 29(66), pages 80-127, December.
    4. Roland Bardy & Stephen Drew & Tumenta Kennedy, 2012. "Foreign Investment and Ethics: How to Contribute to Social Responsibility by Doing Business in Less-Developed Countries," Journal of Business Ethics, Springer, vol. 106(3), pages 267-282, March.
    5. Godspower-Akpomiemie, Euphemia & Ojah, Kalu, 2021. "Market discipline, regulation and banking effectiveness: Do measures matter?," Journal of Banking & Finance, Elsevier, vol. 133(C).
    6. Edgar Demetrio Tovar García, 2012. "Financial globalization and financial development in Latin America," Revista Cuadernos de Economia, Universidad Nacional de Colombia, FCE, CID, August.
    7. Richard E. Itaman, 2022. "The finance‐growth nexus enigma: Bringing in institutional context and the productiveness debate," Journal of Economic Surveys, Wiley Blackwell, vol. 36(2), pages 504-527, April.

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    More about this item

    Keywords

    Development; Finance; Financial Liberalization; Policy;
    All these keywords.

    JEL classification:

    • E44 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Financial Markets and the Macroeconomy
    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation
    • O16 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Financial Markets; Saving and Capital Investment; Corporate Finance and Governance
    • O19 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - International Linkages to Development; Role of International Organizations

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