Wall Street and Main Street: Banking Regulations and the Real Economy

Ranajoy Ray Chaudhuri
Additional contact information
Ranajoy Ray Chaudhuri: The Ohio State University

Chapter Chapter 11 in The Changing Face of American Banking, 2014, pp 185-200 from Palgrave Macmillan

Abstract: Abstract There is an abundance of literature on the impact of financial development on the economic growth of a country. Not all economists agree on this issue. The debate originated from the differing opinions of Robinson (1952, 1979), who believed that the causality ran from economic growth to financial development, as countries with good growth prospects were the ones that were more likely to develop their financial sector, and Schumpeter (1912), who said that the causality was from financial development to growth, as a country stymied by inadequate financial capital could not grow.1 2

Keywords: Total Factor Productivity; Total Asset; Banking Sector; Total Deposit; Foreign Bank (search for similar items in EconPapers)
Date: 2014
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-36121-9_11

Ordering information: This item can be ordered from
http://www.palgrave.com/9781137361219

DOI: 10.1057/9781137361219_11

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().