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Finance, institutions and economic development

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Chapter 3 in Macroeconomics for Development, 2023, pp 30-47 from Edward Elgar Publishing

Abstract: This chapter considers the role of institutions and finance in economic development. It develops the basic neoclassical model of economic growth and discusses the transformations associated with economic growth, particularly structural transformation. It also considers illicit financial flows from developing countries and the links between economic growth and inequality.

Keywords: Development Studies; Economics and Finance (search for similar items in EconPapers)
Date: 2023
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Citations: View citations in EconPapers (5)

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