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economic growth that has accumulated over the past quarter-century. The bulk of the historical evidence suggests that financial … development a¤ects economic growth in a positive, monotonic way, yet recent research endeavors have provided useful and important … society, as well as the channels through which finance can slow down long-term growth. …
Persistent link: https://www.econbiz.de/10011764391
development and growth. The financial system, however, is also subject to boom and bust cycles and fragility, with negative … literature – the finance and growth literature, the literature on financial fragility, and the politics and finance literature …
Persistent link: https://www.econbiz.de/10013117353
Persistent link: https://www.econbiz.de/10013023068
economic development at critical junctures during the growth process." Institutionen, als Faktoren der "dritten Art", liefern …
Persistent link: https://www.econbiz.de/10011435578
economic development at critical junctures during the growth process." Institutionen, als Faktoren der "dritten Art", liefern …
Persistent link: https://www.econbiz.de/10010260778
This is the fourth of the Financial Markets Department's descriptions of Canadian financial industrial organization. The paper discusses the organization of the securities lending market in Canada. We outline key characteristics of securities lending contracts, participants in the securities...
Persistent link: https://www.econbiz.de/10012030423
This paper looks at the development and transformation of the People's Republic of China (PRC)'s financial system since the start of economic and financial reforms in 1978. It describes how despite the rapid development of capital markets since the 1990s, the PRC's financial system continues to...
Persistent link: https://www.econbiz.de/10011811858
industry consolidation. With the market’s continued growth, BAs account for the greatest portion of money market instruments …
Persistent link: https://www.econbiz.de/10011863026
This paper uses the standard one-sector neoclassical growth model to investigate why China's consumption has been low … rebalance growth towards relying more on consumption and less on exports and investment, banking sector reforms and financial …
Persistent link: https://www.econbiz.de/10011807630
This paper uses the standard one-sector neoclassical growth model to investigate why China’s consumption has been low … rebalance growth towards relying more on consumption and less on exports and investment, banking sector reforms and financial … market development could, therefore, turn out to be key. -- Business cycle accounting ; rebalancing growth ; financial …
Persistent link: https://www.econbiz.de/10003758478