Développement financier et fragilité financière: les deux faces d'une même médaille ?
Svetlana Andrianova and
Panicos Demetriades ()
Revue d'économie financière, 2017, vol. N° 127, issue 3, 107-120
The paper puts forward three inter-related reasons that explain the recent breakdown of the (bank-based) finance-growth nexus, comprising the use (or abuse) of the relationship by policy-makers, capture by ruling elites and institutional constraints. It concludes that in order to restore the ability of banks to promote growth, the influence of ruling elites on rule of law, financial regulation and supervision needs to be minimized. Classification JEL: G21, G28, H80.
JEL-codes: G21 G28 H80 (search for similar items in EconPapers)
References: Add references at CitEc
Citations: Track citations by RSS feed
Downloads: (external link)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:cai:refaef:ecofi_127_0107
Access Statistics for this article
More articles in Revue d'économie financière from Association d'économie financière
Bibliographic data for series maintained by Jean-Baptiste de Vathaire ().