Proponents of New Institutional Economics claim, among other things, that NIE forms the basis for a new theory of development financing. This article explains the differences between neo-institutional approaches and other theories of development financing. It shows that there is a link between...

Improved understanding of the key role of financial aspects in the growth and development of economic systems is an important aspect of economic analysis. This first textbook on development finance provides a comprehensive coverage of this new area of economics. The book integrates relevant...