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Desarrollo financiero y crecimiento económico: Una visión crítica.

Abstract:

Financial development involves the establishment and expansion of institutions, instruments and markets that support the investment and growth process. This article shall set out the theory and empirics on the relationship between financial development and economic growth--which underpin the "new standard model" of financial reform in developing countries--and examine the growing empirical evidence that suggests that this relationship is not so close or as unidirectional as is usually suppose...

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Journal:
Principios: estudios de economía política
Volume:
7
Publication date:
2007-01-01
URN:
uuid:e118bb5b-03cf-489a-9c76-ad3372b3dcd5
Local pid:
oai:economics.ouls.ox.ac.uk:11345
Language:
Spanish

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