Money, Interest, and Banking in Economic Development
2nd Edition
Published on 26. November 1994
Book
Hardback
592 pages
978-0-8018-5026-4 (ISBN)
Description
Combining theory, empirical evidence, institutional analysis, and policy evaluation, the second edition of Money, Interest, and Banking in Economic Development provides a comprehensive overview of the role of monetary and financial economics in developing countries. Maxwell Fry includes new chapters on finance in endogenous growth models, financial repression and capital flows, foreign direct investment and the accumulation of foreign debt, and fiscal activities of central banks in developing countries. All other chapters have been rewritten to amend and extend the analysis in the light of the literature explosion over the past seven years. The second edition contains over 400 new bibliographical entries.
Reviews / Votes
This second edition includes new chapters on finance in endogenous growth models, foreign direct investment and the accumulation of foreign debt, and fiscal activities of central banks in developing countries. "Economists and students interested in this area will find it indispensable."--'Journal of Economic Literature.' "A must for academicians and policy makers."--'Journal of Money, Credit, and Banking'More details
Series
Edition
second edition
Language
English
Place of publication
Baltimore, MD
United States
Target group
College/higher education
Professional and scholarly
Edition type
Revised edition
Dimensions
Height: 229 mm
Width: 152 mm
Weight
1049 gr
ISBN-13
978-0-8018-5026-4 (9780801850264)
DOI
10.56021/9780801850264
Copyright in bibliographic data is held by Nielsen Book Services Limited or its licensors: all rights reserved.
Schweitzer Classification
Other editions
Additional editions
Maxwell J. Fry
Money, Interest, and Banking in Economic Development
Book
11/1994
2nd Edition
Johns Hopkins University Press
€45.40
Article not available for order
Previous edition
Maxwell J. Fry
Money, Interest, and Banking in Economic Development
Book
02/1988
Johns Hopkins University Press
€53.43
Article exhausted; check for reprint
Person
Maxwell Fry is Tokai Bank Professor of International Finance at the University of Birmingham, UK.
Content
List of figures
List of Tables
List of Acronyms
Preface and Acknowledgements
Part I. Theoretical Models of Financial Development
Chapter 1. Keynesian Monetary Growth Models and the Rationale for Financial Repression
Chapter 2. The McKinnon-Shaw Financial Development Framework
Chapter 3. The McKinnon-Shaw School
Chapter 4. Financial Development in Endogenous Growth Models
Chapter 5. Financial Repression and Capital inflows
Chapter 6. Critics of Financial Liberalization
Chapter 7. The Required Reserve Ratio in Financial Development
Part II. Econometric Testing of Financial Development Models
Chapter 8. Effects of Financial Conditions on Saving, investment, and Growth
Chapter 9. Empirical Evidence on Transmission Mechanisms and income Distribution
Chapter 10. Effects of Financial liberalization on Inflation and Short-Run Growth
Chapter 11. Monetary Policies in Pacific Basin Developing Economies
Chapter 12. Foreign Capital Flows to Developing Countries
Part III. Microeconomic and institutional Aspects of Financial Development
Chapter 13. Financial Institutions, Instruments, and Markets
Chapter 14. Financial Institutions and Markets in Developing Countries
Chapter 15. Government Intervention in Financial Sector
Part IV. Monetary and Financial Policies in Economic Development
Chapter 16. Macroeconomic Environment and Macroeconomic Policies
Chapter 17. Central Banks and Deficit Finance in Developing Countries
Chapter 18. Interest Rate and Selective Credit Policies
Chapter 19. Policies for Financial Development
Bibliography
Index
List of Tables
List of Acronyms
Preface and Acknowledgements
Part I. Theoretical Models of Financial Development
Chapter 1. Keynesian Monetary Growth Models and the Rationale for Financial Repression
Chapter 2. The McKinnon-Shaw Financial Development Framework
Chapter 3. The McKinnon-Shaw School
Chapter 4. Financial Development in Endogenous Growth Models
Chapter 5. Financial Repression and Capital inflows
Chapter 6. Critics of Financial Liberalization
Chapter 7. The Required Reserve Ratio in Financial Development
Part II. Econometric Testing of Financial Development Models
Chapter 8. Effects of Financial Conditions on Saving, investment, and Growth
Chapter 9. Empirical Evidence on Transmission Mechanisms and income Distribution
Chapter 10. Effects of Financial liberalization on Inflation and Short-Run Growth
Chapter 11. Monetary Policies in Pacific Basin Developing Economies
Chapter 12. Foreign Capital Flows to Developing Countries
Part III. Microeconomic and institutional Aspects of Financial Development
Chapter 13. Financial Institutions, Instruments, and Markets
Chapter 14. Financial Institutions and Markets in Developing Countries
Chapter 15. Government Intervention in Financial Sector
Part IV. Monetary and Financial Policies in Economic Development
Chapter 16. Macroeconomic Environment and Macroeconomic Policies
Chapter 17. Central Banks and Deficit Finance in Developing Countries
Chapter 18. Interest Rate and Selective Credit Policies
Chapter 19. Policies for Financial Development
Bibliography
Index