Financial income and parental education are two determinants of child well-being rooted in a long tradition of sociological and economic research. These resources have been titled financial and human capital respectively. James Coleman had suggested a third type of capital which can have equally...

In the aftermath of the recent global financial crisis, the implication of financial liberalisation for stability and economic growth has come under increasing scrutiny. One strand of literature posits a positive relationship between financial liberalisation and economic growth and development....