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Finance for Growth: Policy Choices in a Volatile World

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  • Caprio, Gerard
  • Honohan, Patrick

Abstract

Understanding just how finance contributes to development—and how good policy can help guarantee its contribution—has been the focus of a major research effort in recent years. This research has included systematic case-study analyses of the experiences of specific countries, as well as more recent econometric analyses of extensive cross-country data sets. Finance for Growth draws on this research and uses it to develop an integrated view of how financial sector policy can be used to foster growth, maintain stability and bring about poverty reduction.

Suggested Citation

  • Caprio, Gerard & Honohan, Patrick, 2001. "Finance for Growth: Policy Choices in a Volatile World," MPRA Paper 9929, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:9929
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    More about this item

    Keywords

    Financial sector development; financial regulation; globalization of finance; finance in developing countries;
    All these keywords.

    JEL classification:

    • G18 - Financial Economics - - General Financial Markets - - - Government Policy and Regulation
    • O16 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Financial Markets; Saving and Capital Investment; Corporate Finance and Governance
    • E44 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Financial Markets and the Macroeconomy

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