Theoretical Perspectives and Rationale for National Development Banks

Joshua Yindenaba Abor ()
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Joshua Yindenaba Abor: University of Ghana Business School

Chapter Chapter 3 in The Changing Role of National Development Banks in Africa, 2023, pp 51-72 from Springer

Abstract: Abstract Financing is critical for the development of any economy. Countries in both the developed and developing world require large-scale counter-cyclical financing to drive economic activity and particularly to contribute to sustainable growth and create employment. One of the main mechanisms that has been used by governments and the international community to support this process and achieve growth and development outcomes is development banks.

Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-031-38639-8_3

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DOI: 10.1007/978-3-031-38639-8_3

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