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Financing the capital development of the economy : a Keynes-Schumpeter-Minsky synthesis
Mazzucato, Mariana; Wray, L. Randall - 2015
This paper discusses the role that finance plays in promoting the capital development of the economy, with particular … emphasis on the current situation of the United States and the United Kingdom. We define both "finance" and "capital … the United States. To a large degree, this was because finance, instead of financing the capital development of the …
Persistent link: https://www.econbiz.de/10010517057
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Financing the capital development of the economy : a Keynes-Schumpeter-Minsky synthesis
Mazzucato, Mariana; Wray, L. Randall - 2015
This paper discusses the role that finance plays in promoting the capital development of the economy, with particular … emphasis on the current situation of the United States and the United Kingdom. We define both "finance" and "capital … the United States. To a large degree, this was because finance, instead of financing the capital development of the …
Persistent link: https://www.econbiz.de/10010530034
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Law and finance in Africa
Asongu, Simplice A. - 2011
This paper assesses how legal origin influences financial development through regulation quality and the rule of law. It employs all the dimensions identified by the Financial Development and Structure Database of the World Bank. The law channels are instrumented with legal origins to account...
Persistent link: https://www.econbiz.de/10011410393
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Financing the Capital Development of the Economy : A Keynes-Schumpeter-Minsky Synthesis
Mazzucato, Mariana - 2015
Persistent link: https://www.econbiz.de/10013023068
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How and Why Economies Develop and Grow : Lessons from Preindustrial Europe and China
Kohn, Meir - 2010
Why are we rich and others poor? What is preventing the less-developed countries from catching up with the more developed? How did we become rich? Underlying these questions are more fundamental ones: What is the nature of economic progress? What are its causes? I seek the answers to these...
Persistent link: https://www.econbiz.de/10013135194
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Financial Systems and Economic Development in Historical Perspective
Fohlin, Caroline - 2014
and banking institution design, and historical political conditions, such as centralization of power, plays an ancillary …
Persistent link: https://www.econbiz.de/10013044095
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The Real Effects of Banking the Poor : Evidence from Brazil
Fonseca, Julia; Matray, Adrien - National Bureau of Economic Research - 2022
motivate embedding skill heterogeneity into macro-finance development models in order to capture these distributional …
Persistent link: https://www.econbiz.de/10013210085
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Public debt as corporate power : mapping the new aristocracy of finance
Hager, Sandy Brian - 2015
In various writings Karl Marx made references to an "aristocracy of finance" in Western Europe and the United States … decades, and especially in the context of the current crisis, a new "aristocracy of finance" has emerged, as corporate … holdings of the public debt have become rapidly concentrated in favor of large corporations classified within Finance …
Persistent link: https://www.econbiz.de/10011753739
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Institutions and development in MENA region : evidence from the manufacturing sector
Araissi, Mahmoud; Fakih, Ali - 2015
This paper examines the role of institutions (including civil law origin), financial deepening and degree of regime authority on growth rates in the Middle East and North Africa (MENA) region using panel data through a fixed effect model. The results reveal that English civil law origin and the...
Persistent link: https://www.econbiz.de/10010469679