Finance and development : surveys of theory, evidence and policy

Author(s)

• Green, Christopher J.
• Kirkpatrick, C. H. (Colin H.)
• Murinde, Victor

Bibliographic Information

Finance and development : surveys of theory, evidence and policy

edited by Christopher J. Green, Colin H. Kirkpatrick, Victor Murinde

Edward Elgar, c2005

• : hbk
• : pbk

Note

Includes bibliographical references and index

Description and Table of Contents

Description

In the last two decades, the role of finance in the development process has become a major topic of research and debate. Although it is widely agreed that there is an important link between the two, there is much less consensus on the exact nature of the relationship. Is financial development a prerequisite for general economic development, or is it a more passive by-product of the development process? In this valuable new book, a distinguished group of authors takes stock of the existing state of knowledge in the field of finance and the development process. Each chapter offers a comprehensive survey and synthesis of current issues. These include such critical subjects as savings, financial markets and the macroeconomy, stock market development, financial regulation, foreign investment and aid, financing livelihoods, microfinance, rural financial markets, small and medium enterprises, corporate finance and banking. This book will be accessible to postgraduate and advanced undergraduate students of finance and development. It will also be an essential reference source for all professionals and academics working in this area who want to learn how finance can contribute to the development process and poverty reduction.

Table of Contents

Contents: Preface 1. How Does Finance Contribute to the Development Process and Poverty Reduction? Christopher J. Green, Colin H. Kirkpatrick and Victor Murinde PART I: FINANCIAL MARKETS AND THE MACROECONOMY 2. Savings and Financial Sector Development: Assessing the Evidence George Mavrotas 3. Flow of Funds: The Relationship between Finance and the Macroeconomy Christopher J. Green and Victor Murinde 4. Stock Market Development: What Have We Learned? Rose W. Ngugi, Victor Murinde and Christopher J. Green 5. Financial Regulation in Developing Countries: Policy and Recent Experience Martin Brownbridge, Colin H. Kirkpatrick and Samuel Munzele Maimbo 6. Banking Regulation after Recent Financial Crises: Lessons for Developing and Developed Countries David T. Llewellyn 7. Policy Issues in Market-Based and Non-Market-Based Measures to Control the Volatility of Portfolio Investment Edmond Valpy Knox FitzGerald PART II: HOUSEHOLDS, FIRMS, AND FINANCIAL INSTITUTIONS 8. Finance and Poor People's Livelihoods Susan Johnson, David Hulme and Orlanda Ruthven 9. Finance for the Poor: The Way Forward? Thankom Arun, David Hulme, Imran Matin and Stuart Rutherford 10. Rural Financial Markets Susan Johnson 11. Small and Medium Sized Enterprises in Developing Economies Frederick Nixson and Paul Cook 12. Company Financial Structure: A Survey and Implications for Developing Economies Sanjiva Prasad, Christopher J. Green and Victor Murinde Index

by "Nielsen BookData"

Details

• NCID: BA72149400
• ISBN:
  • 1843760304
  • 1845428560
• LCCN: 2004054092
• Country Code: uk
• Title Language Code: eng
• Text Language Code: eng
• Place of Publication: Cheltenham
• Pages/Volumes: xiv, 450 p.
• Size: 24 cm
• Classification:
  • LCC : HG195
  • DC22 : 339.4/6/091724
• Subject Headings:
  • LCSH : Finance -- Developing countries
  • LCSH : Poverty -- Developing countries
  • LCSH : Developing countries -- Economic policy