Financial Development, Economic Growth, And Poverty Reduction (The Mahbub Ul Haq Memorial Lecture) (Report) - Pakistan Development Review

Financial Development, Economic Growth, And Poverty Reduction (The Mahbub Ul Haq Memorial Lecture) (Report)

By Pakistan Development Review

  • Release Date - Published: 2000-12-22
  • Book Genre: Economics
  • Author: Pakistan Development Review
Our rating: 5/5 stars

Score: (From 0 Ratings)

Financial Development, Economic Growth, And Poverty Reduction (The Mahbub Ul Haq Memorial Lecture) (Report) Pakistan Development Review read online review & book description:

INTRODUCTION There is a longstanding tradition in economics with the issue of financial development and economic growth. Goldsmith (1969) stressed the connection between a country's financial superstructure and its real infrastructure, arguing that the former 'accelerates economic growth and improves economic performance to the extent that it facilitates the migration of funds to the best user i.e. to the place in the economic system where the funds will yield the highest social return' (p. 400). In one of the earliest studies to use cross country empirical analysis, Goldsmith presented data showing a positive trend in the ratio of financial institutions' assets to gross national product for developed and developing countries.

@2019 – Go Read a Book. All Right Reserved. goreadabook.org is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for website owners, to earn advertising fees by linking and advertising to amazon.com and any other website that may be affiliated with Amazon Service LLC Associates Program; As an Amazon Associate I earn from qualifying purchases.

Financial Development, Economic Growth, And Poverty Reduction (The Mahbub Ul Haq Memorial Lecture) (Report) book review Financial Development, Economic Growth, And Poverty Reduction (The Mahbub Ul Haq Memorial Lecture) (Report) ePUB; Pakistan Development Review; Economics books.

Post a review about this book