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Finance and growth : Schumpeter might be right (English)

Abstract

Joseph Schumpeter argued in 1911 that the services provided by financial intermediaries - mobilizing savings, evaluating projects, managing risk, monitoring managers, and facilitating transactions -stimulate technological innovation and economic development... See More +

Details

  • King, Robert G.; Levine, Ross;
  • 1993/02/28
  • Policy Research Working Paper
  • WPS1083
  • 1
  • 1
  • 2010/07/01
  • Finance and growth : Schumpeter might be right
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