Financial Development, Growth, and Crisis : Is There a Trade-Off?

Financial Development, Growth, and Crisis : Is There a Trade-Off?

This paper reviews the evolving literature that links financial development, financial crises, and economic growth in the past 20 years. The initial disconnect -- with one literature focusing on the effect of financial deepening on long -- run grow...

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Bibliographic Details
Main Authors: Loayza, Norman, Ouazad, Amine, Ranciere, Romain
Format: Working Paper
Language:English
Published: World Bank, Washington, DC 2017
Subjects:
FINANCE
DEVELOPMENT
ECONOMIC GROWTH
PRODUCTIVITY
ECONOMIC SHOCKS
VOLATILITY
RISK
MACROPRUDENTIAL POLICY
Online Access:http://documents.worldbank.org/curated/en/512501510080248213/Financial-development-growth-and-crisis-is-there-a-trade-off
http://hdl.handle.net/10986/28856

Internet

http://documents.worldbank.org/curated/en/512501510080248213/Financial-development-growth-and-crisis-is-there-a-trade-off
http://hdl.handle.net/10986/28856

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