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One hundred years after Bretton Woods: A future history of the World Bank Group

Klein, Michael - In: EIB Papers 3 (1998) 2, pp. 30-58

- the International Monetary Fund (IMF), the International Bank for Reconstruction and Development (IBRD or World Bank) and … the General Agreement on Tariffs and Trade (GATT), precursor to the World Trade Organisation (WTO). Their rationale … reflected the experience of the Great Depression of the 1930s, when world output collapsed amidst a contraction of trade and …

Persistent link: https://www.econbiz.de/10010273269

Stock markets, banks, and economic development: Theory and evidence

Beck, Thorsten - In: EIB Papers 8 (2003) 1, pp. 37-54

This paper discusses the different functions that capital markets and banks have in economic development, and it reviews the debate about marketbased vs. bank-based financial systems. Using data for a sample of 40 countries over the period 1975-98, the paper then shows that variation in both...

Persistent link: https://www.econbiz.de/10010273331