Munich Personal RePEc Archive

Finance for Growth: Policy Choices in a Volatile World

Caprio, Gerard and Honohan, Patrick (2001): Finance for Growth: Policy Choices in a Volatile World. Published in: (21. May 2001)

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Abstract

Understanding just how finance contributes to development—and how good policy can help guarantee its contribution—has been the focus of a major research effort in recent years. This research has included systematic case-study analyses of the experiences of specific countries, as well as more recent econometric analyses of extensive cross-country data sets. Finance for Growth draws on this research and uses it to develop an integrated view of how financial sector policy can be used to foster growth, maintain stability and bring about poverty reduction.

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