The Financial Sector in the Planning of Economic Development

David Backus, Herminio Blanco and David Levine
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Herminio Blanco: Queen’s University

Chapter 3 in Financing Problems of Developing Countries, 1985, pp 42-58 from Palgrave Macmillan

Abstract: Abstract Financial institutions play a central role in the process of economic development, channeling consumer savings into sectors where capital is most productive. How well they perform this role determines in large part the rate and distribution of economic growth.

Keywords: Monetary Policy; Final Good; Intermediate Good; General Equilibrium Model; Government Debt (search for similar items in EconPapers)
Date: 1985
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DOI: 10.1007/978-1-349-06749-7_3

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