Financial Systems and Economic Growth

Name: Financial Systems and Economic Growth
SKU: 30448422
Price: 102.99 AUD
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Credit, Crises, and Regulation from the 19th Century to the Present

Format:

Paperback / softback

Series:

Studies in Macroeconomic History

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Description

Throughout much of the twentieth century, economists paid little heed to the role of financial intermediaries in procuring a beneficial allocation of capital. By the end of the century, however, some financial historians had begun to turn the tide, and the phrase 'finance-growth nexus' became part of the lexicon of modern economics. Recent experience has added another dimension in that countries with broader, deeper and more active financial systems might be prone to financial crises, particularly if regulatory structures are inadequate. In this book, Peter L. Rousseau and Paul Wachtel have gathered together some of today's most distinguished financial historians to examine this finance-growth nexus from both historical and modern perspectives. Some essays examine the nexus in a particular historical or cross-country context. Others, in the light of recent experience, explore the expanded nexus of finance, growth, crises, and regulation.

Author Biography:

Peter L. Rousseau is Professor of Economics at Vanderbilt University, Tennessee and secretary-treasurer of the American Economic Association. He is a macroeconomist and economic historian who studies the role of financial markets and institutions in growth and development. He has published extensively in leading economic journals, including the Journal of Political Economy, the Journal of Monetary Economics, the Journal of Financial Economics and the Journal of Economic History. Paul Wachtel is Professor of Economics at New York University's Stern School of Business. He has published extensively on macroeconomics, monetary policy, and central banking. He is the co-editor of Comparative Economic Studies and a consultant to the Central Bank of Croatia.

Release date Australia

May 16th, 2019

Audience

Professional & Vocational

Contributors

Edited by Paul Wachtel
Edited by Peter L. Rousseau

Illustrations

2 Halftones, black and white; 24 Line drawings, black and white

Pages

308

Series

Studies in Macroeconomic History

Dimensions

151x228x18

ISBN-13

9781316506264

Product ID

30448422

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Financial Systems and Economic Growth

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