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...
Main Authors: | Loayza, Norman, Ouazad, Amine, Ranciere, Romain |
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Format: | Working Paper |
Language: | English |
Published: |
World Bank, Washington, DC
2017
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Subjects: | |
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 |
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