Author: Mr.Jean-Louis Arcand
Publisher: International Monetary Fund
ISBN: 1475526105
Category : Business & Economics
Languages : en
Pages : 50
Book Description
This paper examines whether there is a threshold above which financial development no longer has a positive effect on economic growth. We use different empirical approaches to show that there can indeed be "too much" finance. In particular, our results suggest that finance starts having a negative effect on output growth when credit to the private sector reaches 100% of GDP. We show that our results are consistent with the "vanishing effect" of financial development and that they are not driven by output volatility, banking crises, low institutional quality, or by differences in bank regulation and supervision.
Too Much Finance?
Author: Mr.Jean-Louis Arcand
Publisher: International Monetary Fund
ISBN: 1475526105
Category : Business & Economics
Languages : en
Pages : 50
Book Description
This paper examines whether there is a threshold above which financial development no longer has a positive effect on economic growth. We use different empirical approaches to show that there can indeed be "too much" finance. In particular, our results suggest that finance starts having a negative effect on output growth when credit to the private sector reaches 100% of GDP. We show that our results are consistent with the "vanishing effect" of financial development and that they are not driven by output volatility, banking crises, low institutional quality, or by differences in bank regulation and supervision.
Publisher: International Monetary Fund
ISBN: 1475526105
Category : Business & Economics
Languages : en
Pages : 50
Book Description
This paper examines whether there is a threshold above which financial development no longer has a positive effect on economic growth. We use different empirical approaches to show that there can indeed be "too much" finance. In particular, our results suggest that finance starts having a negative effect on output growth when credit to the private sector reaches 100% of GDP. We show that our results are consistent with the "vanishing effect" of financial development and that they are not driven by output volatility, banking crises, low institutional quality, or by differences in bank regulation and supervision.
Finances Publiques Et Croissance Économique
Author: International Institute of Public Finance. Congress
Publisher: Detroit : Wayne State University Press
ISBN:
Category : Business & Economics
Languages : en
Pages : 456
Book Description
Publisher: Detroit : Wayne State University Press
ISBN:
Category : Business & Economics
Languages : en
Pages : 456
Book Description
Author:
Publisher: Food & Agriculture Org.
ISBN: 9251390959
Category :
Languages : en
Pages : 312
Book Description
Publisher: Food & Agriculture Org.
ISBN: 9251390959
Category :
Languages : en
Pages : 312
Book Description
The Imperial Ottoman Bank
Author: André Autheman
Publisher:
ISBN:
Category : Banks and banking
Languages : en
Pages : 316
Book Description
Publisher:
ISBN:
Category : Banks and banking
Languages : en
Pages : 316
Book Description
Water for Peace
Author:
Publisher:
ISBN:
Category : Water
Languages : en
Pages : 1080
Book Description
Publisher:
ISBN:
Category : Water
Languages : en
Pages : 1080
Book Description
La Dette Extérieure
Author: ... Carreau-Shaw
Publisher: Martinus Nijhoff Publishers
ISBN: 9789041100832
Category : Political Science
Languages : en
Pages : 820
Book Description
The practical importance of the subject of 'The External Debt' in contemporary international life goes without saying. On the analytical level, the interest and indeed the difficulty of the subject lies in the need for a multidisciplinary approach, where political, financial and legal aspects are closely linked and require a clear understanding. From the purely legal point of view, the traditional and largely artificial boundaries between private and public law, between private international law and public international law and even, more generally, between municipal and international law are clearly marked here. In this respect any analyst has to be a complete jurist, and this collection of essays (in English and French) is an illustration of this fact.
Publisher: Martinus Nijhoff Publishers
ISBN: 9789041100832
Category : Political Science
Languages : en
Pages : 820
Book Description
The practical importance of the subject of 'The External Debt' in contemporary international life goes without saying. On the analytical level, the interest and indeed the difficulty of the subject lies in the need for a multidisciplinary approach, where political, financial and legal aspects are closely linked and require a clear understanding. From the purely legal point of view, the traditional and largely artificial boundaries between private and public law, between private international law and public international law and even, more generally, between municipal and international law are clearly marked here. In this respect any analyst has to be a complete jurist, and this collection of essays (in English and French) is an illustration of this fact.
Micro-finance Et Développement Local
Author: Joël Lebossé
Publisher: Développement économique et création d'emplois au niveau local
ISBN:
Category : Banker
Languages : en
Pages : 288
Book Description
Publisher: Développement économique et création d'emplois au niveau local
ISBN:
Category : Banker
Languages : en
Pages : 288
Book Description
Finances et développement
Author:
Publisher:
ISBN:
Category : Developing countries
Languages : en
Pages : 398
Book Description
Publisher:
ISBN:
Category : Developing countries
Languages : en
Pages : 398
Book Description
Finances Publiques
Author:
Publisher:
ISBN:
Category : Finance
Languages : en
Pages : 1058
Book Description
Publisher:
ISBN:
Category : Finance
Languages : en
Pages : 1058
Book Description
Author:
Publisher: Odile Jacob
ISBN: 2738177883
Category :
Languages : en
Pages : 205
Book Description
Publisher: Odile Jacob
ISBN: 2738177883
Category :
Languages : en
Pages : 205
Book Description