Financial Development and Economic Growth
Details
Prior empirical evidence has confirmed a robust link
between financial development and economic growth.
However, the determinants of financial development
and the causality pattern between financial
development and economic growth are still
inconclusive. Moreover, there is debate on whether
government intervention in financial markets can
improve or hinder economic performance. The
experience of Taiwan has figured prominently in this
debate. This book makes an important contribution to
the discussion by using time-serious data analysis
covering the period 1976-1998 when the Taiwanese
government adopted financial repressionist policies
and later moved to financial liberalization. The book
sheds light on the variable impacts that government
intervention can have through its financial sector
policies and illustrates how the financial
development - economic growth relationship can change
with changes in the policy regime. This book will be
useful to economists and researchers who are
interested in analyzing country-specific
relationships between finance and growth and
particularly the impacts of government financial
sector intervention on economic growth.
Autorentext
BA: Economics, Fu-Jen Catholic University, Taipei, Taiwan. PhD:Economics, George Washington University, Washington, DC, USA. Shehas worked as a research assistant at Chung-Hua Institution for Economic Research, Taipei, Taiwan, and at World Bank, Washington, DC, USA. Currently, she is an Economist at Asian Development Bank, Manila, Philippines.
Klappentext
Prior empirical evidence has confirmed a robust linkbetween financial development and economic growth.However, the determinants of financial developmentand the causality pattern between financialdevelopment and economic growth are stillinconclusive. Moreover, there is debate on whethergovernment intervention in financial markets canimprove or hinder economic performance. Theexperience of Taiwan has figured prominently in thisdebate. This book makes an important contribution tothe discussion by using time-serious data analysiscovering the period 1976-1998 when the Taiwanesegovernment adopted financial repressionist policiesand later moved to financial liberalization. The booksheds light on the variable impacts that governmentintervention can have through its financial sectorpolicies and illustrates how the financialdevelopment - economic growth relationship can changewith changes in the policy regime. This book will beuseful to economists and researchers who areinterested in analyzing country-specificrelationships between finance and growth andparticularly the impacts of government financialsector intervention on economic growth.
Weitere Informationen
- Allgemeine Informationen
- GTIN 09783639169966
- Sprache Englisch
- Größe H220mm x B150mm x T9mm
- Jahr 2009
- EAN 9783639169966
- Format Kartonierter Einband (Kt)
- ISBN 978-3-639-16996-6
- Titel Financial Development and Economic Growth
- Autor Chia-Hsin Hu
- Untertitel Evidence from Taiwan
- Gewicht 231g
- Herausgeber VDM Verlag
- Anzahl Seiten 144
- Genre Sozialwissenschaften allgemein