Financial Development: Too Little of It

Piya Mahtaney

Chapter 12 in Globalization and Sustainable Economic Development, 2013, pp 161-168 from Palgrave Macmillan

Abstract: Abstract The crisis, caused as it was by multiple reasons, has evoked considerable debate about the part that financial innovation had in its occurrence and perpetration and the larger question of its role in economic growth. There is not much empirical literature on the subject, but recent evidence, even though not enough to provide a nuanced view of the subject, does give us a basis for examining what determines the

Keywords: Corporate Governance; Financial System; Financial Development; Social Entrepreneurship; Financial Innovation (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-02499-2_13

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DOI: 10.1057/9781137024992_13

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