Finance and economic growth in developing countries

by Kanhaya L. Gupta

Publisher: Croom Helm in London, Dover, N.H

Written in English
Cover of: Finance and economic growth in developing countries | Kanhaya L. Gupta
Published: Pages: 241 Downloads: 995
Share This

Places:

  • Developing countries

Subjects:

  • Finance -- Developing countries -- Mathematical models,
  • Interest rates -- Developing countries -- Mathematical models,
  • Developing countries -- Economic conditions -- Mathematical models

Edition Notes

StatementK.L. Gupta.
Classifications
LC ClassificationsHG195 .G86 1984
The Physical Object
Paginationxiv, 241 p. ;
Number of Pages241
ID Numbers
Open LibraryOL2851954M
ISBN 100709938039
LC Control Number84014307

Development Goals requires further acceleration of economic growth, especially in those countries with large populations where growth had been elusive. The experiences of East and South Asia have demonstrated that sustained, poverty-reducing growth is possible, and . In particular, it determines growth trajectories impelled by service trade (such as telecommunications, transport, finance and distribution), where developing countries are playing an increasingly significant role. It also discusses value chains and production networks . Public Finance and Economic Growth in Developing Countries Lessons from Ethiopia's reforms Stephen B. Petersen ß Routledge Taylor & Francis Croup LONDON AND NEW YORK. Contents List of illustrations The purpose of this book 10 Three frameworks of reform The book argues that the dichotomy between the short-term macroeconomic stabilization goal and the long-term economic growth objective commonly found in .

A “good” tax system for developing countries was once considered one based on progressive income taxes. More recently, the emphasis has been placed on securing revenues from broader bases at lower rates from consumption as well as income taxes. A framework for evaluating public finance structures and institutions in terms of revenue and spending as well as the fiscal balance is set out. The United Nations Conference on Sustainable Development (Rio+20) reaf-firmed commitment to sustainable development and adopted a framework for action and comprehensive follow-up. The World Economic and Social Survey serves as a valuable resource as we look towards translating the outcome of Rio+20 into concrete actions. Facts is your complete guide to Economic Development. In this book, you will learn topics such as Economic Development in Historical Perspective, Characteristics and Institutions of Developing Countries, Theories of Economic Development, and Poverty, Malnutrition, and . relevance of key economic and social factors affecting child health in developing countries. Using the World Bank WDI database, we carry out a cross-country econometric analysis on the impact of income and non-income factors on child health in developing countries. Our main findings are threefold.

of natural resources have poor growth performance because the economic structure encourages waste. Prime examples are the former Soviet Union, Argentina before the s, and Uganda. In contrast, other countries have enjoyed rapid rates of economic growth based on human capital and entrepreneurial ability despite a dearth of natural resources. Financial Globalization, Growth and Volatility in Developing Countries Eswar S. Prasad, Kenneth Rogoff, Shang-Jin Wei, M. Ayhan Kose. Chapter in NBER book Globalization and Poverty (), Ann Harrison, editor (p. - ) Conference held September , households in developing countries need access to different financial services than formal bank credits as banks often exclude them as unattractive clients due to high risk and insufficient assets for collateral (Beck et al , p). Jan 29,  · India’s Finance Minister Nirmala Sitharaman has said, while replying to a discussion on the economic slowdown in the Rajya Sabha, ‘growth may have come down, but it is not a recession yet and it won’t be a recession ever’. Drawing on data up until December , I evaluate to what extent India’s economy is indeed slowing down.

Finance and economic growth in developing countries by Kanhaya L. Gupta Download PDF EPUB FB2

Apr 24,  · Public finance is crucial to a country’s economic growth, yet successful reform of public finances has been rare. Ethiopia is an example of a country that undertook comprehensive reform of its core financial systems, independent of the IMF and the World Bank, and successfully transformed itself into one of the fastest-growing economies in walkingshops.com by: 1.

Get this from a library. Finance and economic growth in developing countries. [Kanhaya L Gupta]. The author analyses both the ‘financial structuralist’ and ‘financial repressionist’ schools of thought in order to determine both the direction of causality between financial and real growth and the accuracy of the repressionists’ assertion that real interest rates and their stability do matter in the economies of developing walkingshops.com by: skills and advanced skills are important, particularly for developing countries.

At the same time, once consideration is made of cognitive skills, the variations in the amount of tertiary education have no discernible impact on economic growth for either developed or developing countries.

This book examines a range of issues in government finance that confront developing countries: the formulation and execution of national budget; the objectives, size, and effects of expenditures. Public Finance and Economic Growth in Developing Countries book. Public Finance and Economic Growth in Developing Countries book.

Lessons from Ethiopia's Reforms. By Stephen B. Peterson. Edition 1st Edition. First Published eBook Published 24 April Pub. location walkingshops.com: Stephen B.

Peterson. Fiscal Policy and Economic Growth in Europe and Central Asia: An Overview 1 Contents v. vi Contents PART 1.

Public Finance and Economic Growth: Trends and Interrelationships 21 2. Public Finance Systems in Transition Countries 23 Fiscal Stabilization and Debt Dynamics 25 Developing and Transition Countries Sample Learning Scores.

Financing Growth in Developing Economies Book cover Finance agencies in countries belonging to the Organization for Economic Cooperation and Development (OECD) provide an important stimulus to economic development.

Public Finance and Economic Growth in Developing Countries: Lessons from Ethiopia's Reforms (Routledge Studies in Development Economics) [Stephen B. Peterson] on walkingshops.com *FREE* shipping on qualifying offers. Public finance is crucial to a country’s economic growth, yet successful reform of public finances has been rare.

Ethiopia is an example of a country that undertook Cited by: 1. Public finance is crucial to a country’s economic growth, yet successful reform of public finances has been rare. Ethiopia is an example of a country that undertook comprehensive reform of its core financial systems, independent of the IMF and the World Bank, and successfully transformed itself into one of the fastest-growing economies in Africa.

documentation of direct positive impacts of financial opening on the economic welfare levels or growth rates of developing countries. The econometric difficulties are similar to those that bedevil the literature on trade openness and growth, though if anything, they are more severe in the context of finance.

There. To note, economies in Asia like Japan and Taiwan have posted stellar growth records during these decades, countries that had lacked the natural resources and political power traditionally required for a competent economy. These countries have mostly built global economic powerhouses on the back of human capital alone.

Get this from a library. Public finance and economic growth in developing countries: lessons from Ethiopia's reforms. [Stephen B Peterson]. Research published today examines China's recent successful economic growth and how this could be applied to help other developing countries grow their economies.

economic growth, researchers have also employed both firm-level and industry-level data across a broad cross-section of countries. These studies better address causality issues and seek to discover the mechanisms through which finance influences economic growth. Demirguc-Kunt and Maksimovic () use firm level data and a financial.

Nov 15,  · Growth theory attempts to model and understand the factors behind this process. It is a relatively young field of research, as one can establish by searching for ‘economic growth’ in all the books published, which have been scanned by Google (about 10% of all books).

The focus on human capital as a driver of economic growth for developing countries has led to undue attention on school attainment. Developing countries have made considerable progress in closing the gap with developed countries in terms of school attainment, but recent research has underscored the importance of cognitive skills for economic growth.

Book Review. Public Finance and Economic Growth in Developing Countries: Lessons from Ethiopia's Reforms by Peterson, Stephen B. New York: of Public Finance and Accountancy (UK) Search for more papers by this author. Noel Hepworth.

Chartered Institute of Public Finance and Accountancy (UK) Search for more papers by this walkingshops.com: Noel Hepworth. Development economics is a branch of economics that focuses on improving fiscal, economic, and social conditions in developing countries.

Development economics considers factors such as health. Developing countries include, in decreasing order of economic growth or size of the capital market: newly industrialized countries, emerging markets, frontier markets, Least Developed Countries. Therefore, the least developed countries are the poorest of the developing countries.

Developing countries tend to have some characteristics in common. The ADB Economics Working Paper Series is a forum for stimulating discussion and eliciting feedback on ongoing and recently completed research and policy studies undertaken by the Asian Development Bank (ADB) staff, consultants, or resource persons.

The series deals with key economic and development problems, particularlyCited by: International Finance and Growth in Developing Countries: What Have We Learned. Maurice Obstfeld* University of California, Berkeley March The years since have produced a surge in net capital flows from richer countries to the developing world.

The International Monetary Fund estimates net. International Finance and Growth in Developing INTERNATIONAL FINANCE AND GROWTH IN DEVELOPING COUNTRIES. Load more This book presents an. The focus on human capital as a driver of economic growth for developing countries has led to undue attention on school attainment.

Developing countries have made considerable progress in closing the gap with developed countries in terms of school attainment, but recent research has underscored the importance of cognitive skills for economic walkingshops.com by: Developing countries, where growth is percentage points below what it was during the pre-crisis period, have been affected by the weakness in high-income countries.

To regain pre-crisis growth rates, they will need to focus on productivity-enhancing domestic policies rather than demand stimulus.

The hypothesis that financial development promotes economic growth in developing countries is largely supported by empirical studies, though contrary evidence also exists. A Survey Of Recent Developments In The Literature Of Finance And Growth.

Journal of Economic Surveys Finance and Economic Growth in Developing Countries. London: Routledge Library Editions: Development (first published in ). Financial Structure and Economic Development. Economic Development and Cultural Change, 15 (3): pp. May 01,  · Based on a wide-ranging review of prior research and empirical analyses from a new perspective, this book aims to systematically clarify the relations between financial inclusion, remittance inflows, economic growth, and poverty reduction in developing countries, revealing a new role for development finance.

Sample Chapter(s). This book analyzes the relationship between income and subjective well-being, in particular in the increasingly relevant context of developing countries. A number of chapters in the book set out new evidence to explain why, despite the remarkable rate of economic growth that has been experienced in the country, the average level of happiness in China appears not to have risen.

• Are innovations in housing finance a blessing or a curse for developing countries. • How will governments finance the trillions of dollars of infrastructure spending needed for cities in developing countries. • First in a series of thematic volumes, this book was prepared for the Commission on Growth and Development to evaluate the.

The mining industry and the developing countries (English) Abstract. This book is designed to provide and overview of the world mining industry - its structure, objectives and operations, and the major factors bearing on them, such as the physical characteristics of mineral resources, economies of Cited by: The goals or objectives of public finance in developing countries are those of economic policy as a whole: economic growth, internal and external stability, and the attainment of an appropriate distribution of income and wealth.

Taxation and expenditure are by no means the only or the most important means of achieving such national walkingshops.com by: 8.finance has an important bearing on the growth and The third and final part, chapters 6 and 7, discusses economic prospects of developing countries, a bear- the outlook for the global economy over the decade, ing that is often disproportionately large in relation examines developments in the international eco.