Does Insurance Market Activity Promote Economic Growth? A Cross-Country Study for Industrialized and Developing Countries

Insurance market activity, both as a financial intermediary and a provider of risk transfer and indemnification, may contribute to economic growth by allowing different risks to be managed more efficiently and by mobilizing domestic savings. During the past decade, there has been faster growth in in...

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Bibliographic Details
Main Author: Arena, Marco
Format: Policy Research Working Paper
Language:English
en_US
Published: World Bank, Washington, DC 2012
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2006/12/7269816/insurance-market-activity-promote-economic-growth-country-study-industrial-developing-countries
http://hdl.handle.net/10986/9257