Finance and Economic Development : Policy Choices for Developing Countries

Demirgüç-Kunt, Aslı

doi:10.1596/1813-9450-3955

Finance and Economic Development : Policy Choices for Developing Countries

collection.link.5	https://openknowledge.worldbank.org/handle/10986/9
collection.name.5	Policy Research Working Papers
dc.contributor.author	Demirgüç-Kunt, Aslı
dc.date.accessioned	2012-06-19T15:18:38Z
dc.date.available	2012-06-19T15:18:38Z
dc.date.issued	2006-06
dc.date.lastModified	2021-04-23T14:02:41Z
dc.description.abstract	The empirical literature on finance and development suggests that countries with better developed financial systems experience faster economic growth. Financial development-as captured by size, depth, efficiency, and reach of financial systems-varies sharply around the world, with large differences among countries at similar levels of income. This paper argues that governments play an important role in building effective financial systems and discusses different policy options to make finance work for development.	en
dc.identifier	http://documents.worldbank.org/curated/en/2006/06/6877447/finance-economic-development-policy-choices-developing-countries
dc.identifier.uri	http://hdl.handle.net/10986/8415
dc.language	English
dc.publisher	World Bank, Washington, DC
dc.relation.ispartofseries	Policy Research Working Paper; No. 3955
dc.rights	CC BY 3.0 IGO
dc.rights.holder	World Bank
dc.rights.uri	http://creativecommons.org/licenses/by/3.0/igo/
dc.subject	ACCOUNTING
dc.subject	ADVERSE EFFECTS
dc.subject	AVERAGE INCOME
dc.subject	BANK LENDING
dc.subject	BANK LOANS
dc.subject	BANK PRIVATIZATION
dc.subject	BANKING CRISIS
dc.subject	BANKING INDUSTRY
dc.subject	BANKING SECTOR
dc.subject	BANKING SERVICES
dc.subject	BANKING SYSTEM
dc.subject	BANKING SYSTEMS
dc.subject	BANKS
dc.subject	BONDS
dc.subject	CAPITAL ADEQUACY
dc.subject	CAPITAL FLOWS
dc.subject	CAPITALIZATION
dc.subject	COMPARATIVE ADVANTAGE
dc.subject	COMPETITION POLICIES
dc.subject	CONSOLIDATION
dc.subject	CONTRACT ENFORCEMENT
dc.subject	COUNTRY CASE
dc.subject	COUNTRY REGRESSIONS
dc.subject	CREDIT CONSTRAINTS
dc.subject	CREDIT MARKET
dc.subject	CROSS-COUNTRY DIFFERENCES
dc.subject	CROSS-COUNTRY STUDIES
dc.subject	CURRENCY BOARD
dc.subject	DEPOSIT INSURANCE
dc.subject	DEPOSITS
dc.subject	DEREGULATION
dc.subject	DEVELOPED COUNTRIES
dc.subject	DEVELOPED ECONOMIES
dc.subject	DEVELOPING COUNTRIES
dc.subject	DEVELOPING ECONOMIES
dc.subject	DEVELOPMENT
dc.subject	DEVELOPMENT RESEARCH
dc.subject	DIFFERENCES
dc.subject	DISTRIBUTIONAL EFFECT
dc.subject	DOMESTIC CURRENCIES
dc.subject	DOMESTIC ECONOMY
dc.subject	ECONOMIC DEVELOPMENT
dc.subject	ECONOMIC GROWTH
dc.subject	ECONOMIC PERFORMANCE
dc.subject	ECONOMIES OF SCALE
dc.subject	EFFECTIVE GOVERNANCE
dc.subject	EMPIRICAL EVIDENCE
dc.subject	EMPIRICAL LITERATURE
dc.subject	EMPIRICAL RESEARCH
dc.subject	EMPIRICAL RESULTS
dc.subject	EMPIRICAL STUDIES
dc.subject	ESTIMATION TECHNIQUES
dc.subject	EXCHANGE RATE
dc.subject	EXCHANGE RATE POLICIES
dc.subject	EXCHANGE RATE POLICY
dc.subject	EXCHANGE RATE REGIME
dc.subject	EXCHANGE RATES
dc.subject	EXTERNAL SHOCKS
dc.subject	FINANCIAL CRISES
dc.subject	FINANCIAL DEPTH
dc.subject	FINANCIAL DEVELOPMENT
dc.subject	FINANCIAL FRAGILITY
dc.subject	FINANCIAL INSTITUTIONS
dc.subject	FINANCIAL LIBERALIZATION
dc.subject	FINANCIAL MARKETS
dc.subject	FINANCIAL PLANNING
dc.subject	FINANCIAL REGULATION
dc.subject	FINANCIAL SECTOR
dc.subject	FINANCIAL SERVICES
dc.subject	FINANCIAL STABILITY
dc.subject	FINANCIAL STRUCTURE
dc.subject	FINANCIAL SYSTEM
dc.subject	FINANCIAL SYSTEMS
dc.subject	FISCAL POLICIES
dc.subject	FOREIGN BANKS
dc.subject	FOREIGN CURRENCY
dc.subject	FOREIGN ENTRY
dc.subject	GDP
dc.subject	GDP PER CAPITA
dc.subject	GINI COEFFICIENT
dc.subject	GOVERNMENT INTERVENTION
dc.subject	GOVERNMENT REGULATION
dc.subject	GROWTH RATE
dc.subject	GROWTH RATES
dc.subject	HIGH INCOME COUNTRIES
dc.subject	HIGH INFLATION
dc.subject	HOUSEHOLD LEVEL
dc.subject	INCOME DISTRIBUTION
dc.subject	INCOME GROUPS
dc.subject	INCOME INEQUALITY
dc.subject	INCOME LEVEL
dc.subject	INCOMES
dc.subject	INFLATION
dc.subject	INFLATION RATES
dc.subject	INSTITUTIONAL DEVELOPMENT
dc.subject	INSTITUTIONAL FRAMEWORK
dc.subject	INSTITUTIONAL STRUCTURE
dc.subject	INTEREST EXPENSE
dc.subject	INTEREST INCOME
dc.subject	INTEREST RATE
dc.subject	INTEREST RATES
dc.subject	INTERNATIONAL MARKETS
dc.subject	INVESTMENT RATE
dc.subject	LAWS
dc.subject	LEGAL SYSTEM
dc.subject	LENDER OF LAST RESORT
dc.subject	LIQUID LIABILITIES
dc.subject	LONG-RUN GROWTH
dc.subject	LOW-INCOME COUNTRIES
dc.subject	M2
dc.subject	MACROECONOMIC ENVIRONMENT
dc.subject	MACROECONOMIC INSTABILITY
dc.subject	MACROECONOMIC ISSUES
dc.subject	MACROECONOMIC POLICIES
dc.subject	MARKET CAPITALIZATION
dc.subject	MARKET DISCIPLINE
dc.subject	MARKET FAILURES
dc.subject	MARKET IMPERFECTIONS
dc.subject	MICROFINANCE
dc.subject	MIDDLE CLASS
dc.subject	MIDDLE INCOME COUNTRY
dc.subject	NATIONAL POLICIES
dc.subject	NEGATIVE IMPACT
dc.subject	NET INTEREST MARGIN
dc.subject	OWNERSHIP STRUCTURE
dc.subject	PER CAPITA GROWTH
dc.subject	POLICY DEBATE
dc.subject	POLICY DISCUSSION
dc.subject	POLICY OPTIONS
dc.subject	POLICY RESEARCH
dc.subject	POLITICAL ECONOMY
dc.subject	POLITICAL INSTABILITY
dc.subject	POLITICAL SYSTEM
dc.subject	POLITICAL SYSTEMS
dc.subject	POOR PEOPLE
dc.subject	POSITIVE EFFECT
dc.subject	POSITIVE IMPACT
dc.subject	PRIVATE AGENTS
dc.subject	PRIVATE INVESTMENT
dc.subject	PRIVATE PROPERTY
dc.subject	PRIVATE SECTOR
dc.subject	PRODUCTIVITY
dc.subject	PRODUCTIVITY GROWTH
dc.subject	PRODUCTIVITY INCREASES
dc.subject	PROFITABILITY
dc.subject	PROPERTY RIGHTS
dc.subject	PUBLIC POLICY
dc.subject	PUBLIC SECTOR
dc.subject	RAPID GROWTH
dc.subject	REAL EXCHANGE
dc.subject	REAL EXCHANGE RATES
dc.subject	REAL INTEREST
dc.subject	REAL INTEREST RATES
dc.subject	REAL SECTOR
dc.subject	REGULATORY CAPTURE
dc.subject	RELATIVE IMPORTANCE
dc.subject	RESOURCE ALLOCATION
dc.subject	RISK MANAGEMENT
dc.subject	SAFETY NET
dc.subject	SAFETY NETS
dc.subject	SAVINGS
dc.subject	SAVINGS RATES
dc.subject	SIGNIFICANT DIFFERENCES
dc.subject	SIGNIFICANT IMPACT
dc.subject	SMALL BUSINESS
dc.subject	STABLE INFLATION
dc.subject	STATE BANKS
dc.subject	SUPERVISORY AGENCIES
dc.subject	SYSTEMIC BANKING CRISES
dc.subject	TAXATION
dc.subject	TECHNOLOGICAL INNOVATION
dc.subject	TRANSACTION COSTS
dc.subject	TRANSITION COUNTRIES
dc.title	Finance and Economic Development : Policy Choices for Developing Countries	en
okr.doctype	Publications & Research :: Policy Research Working Paper
okr.doctype	Publications & Research
okr.docurl	http://documents.worldbank.org/curated/en/2006/06/6877447/finance-economic-development-policy-choices-developing-countries
okr.globalpractice	Macroeconomics and Fiscal Management
okr.globalpractice	Poverty
okr.globalpractice	Finance and Markets
okr.googlescholar.linkpresent	yes
okr.identifier.doi	10.1596/1813-9450-3955
okr.identifier.externaldocumentum	000016406_20060623142702
okr.identifier.internaldocumentum	6877447
okr.identifier.report	WPS3955
okr.language.supported	en
okr.pdfurl	http://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2006/06/23/000016406_20060623142702/Rendered/PDF/wps3955.pdf	en
okr.topic	Poverty Reduction :: Achieving Shared Growth
okr.topic	Economic Theory and Research
okr.topic	Banks and Banking Reform
okr.topic	Macroeconomics and Economic Growth :: Macroeconomic Management
okr.topic	Poverty Reduction :: Inequality
okr.topic	Finance and Financial Sector Development
okr.unit	Development Research Group (DECRG)
okr.volume	1 of 1

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