Financial Structure, Economic Growth, and Stability

"This is a terrific book for an important topic. It
is must reading for all those interested in the key
determinants of economic growth and stability.
Phumiwasana skillfully uses data to make a
compelling case that capital markets are essential
for growth and stability in developed countries,
whereas banks play a similar role for emerging
market
economies." James R. Barth, Lowder
Eminent Scholar in Finance, Auburn University and
Senior Fellow, Milken
Institute

Autorentext
Triphon Phumiwasana is the Director of External Fund Management Department at the Government Pension Fund (Thailand) and a Research Fellow at the Milken Institute. Phumiwasana received Ph.D. in economics with a concentration in international money and finance from Claremont Graduate University in California.

Klappentext
"This is a terrific book for an important topic. It is must reading for all those interested in the key determinants of economic growth and stability. Phumiwasana skillfully uses data to make a compelling case that capital markets are essential for growth and stability in developed countries, whereas banks play a similar role for emerging market economies." - James R. Barth, Lowder Eminent Scholar in Finance, Auburn University and Senior Fellow, Milken Institute