
Investment Finance in Economic Development
Introducion by Victoria Chick
Rogerio Studart(Author)
Routledge (Publisher)
1st Edition
Published on 6. April 1995
Book
Hardback
250 pages
978-0-415-10866-9 (ISBN)
Description
As a result of the liberalization of the 1980s, the financial system has acquired a prominent role in developing economies. It is now conventional wisdom that `financial liberalization' is the means to stimulate economic development.
Investment Finance in Economic Development challenges this assumption and offers an alternative view. The book presents a post-Keynesian approach to the role of banks, financial markets and savings in economic development. It departs from the conventional belief that financial institutions are mere intermediaries between savers and investors, to show that banks have a key, active role in the process of investment finance and growth. Further, financial markets, as the loci of allocation of financial savings, are shown to have an important role in supporting financial stability during the process of growth.
Investment Finance in Economic Development challenges this assumption and offers an alternative view. The book presents a post-Keynesian approach to the role of banks, financial markets and savings in economic development. It departs from the conventional belief that financial institutions are mere intermediaries between savers and investors, to show that banks have a key, active role in the process of investment finance and growth. Further, financial markets, as the loci of allocation of financial savings, are shown to have an important role in supporting financial stability during the process of growth.
More details
Language
English
Place of publication
London
United Kingdom
Publishing group
Taylor & Francis Ltd
Target group
College/higher education
Dimensions
Height: 222 mm
Width: 145 mm
Thickness: 18 mm
Weight
491 gr
ISBN-13
978-0-415-10866-9 (9780415108669)
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Schweitzer Classification
Other editions
Additional editions

Rogerio Studart
Investment Finance in Economic Development
E-Book
04/1995
Routledge
€60.49
Available for download

Rogerio Studart
Investment Finance in Economic Development
E-Book
04/1995
Routledge
€60.49
Available for download
Person
Rogkrio Studart is Associate Professor of Economics and Tutor of Undergraduate Studies at the Federal University of Rio de Janeiro.
Content
Preface 1 Introduction 2 Finance and economic development: The dominance of the prior-saving argument 3 Departing from the prior-saving argument: Finance in a monetary production economy 4 Saving and financial markets in economic growth 5 Financial structures, financial development and economic development 6 From theory to evidence 7 Financial system and industrialisation in Brazil, 1947-66 8 The financial reforms and the 'economic miracle' 9 Towards the lost decade: The financial system in the imbalanced growth (1973-83) 10 Conclusion