Skip to Main Navigation

Financial development, growth, and crisis: is there a trade-off ? (English)

This paper reviews the evolving literature that links financial development, financial crises, and economic growth in the past 20 years. The initial disconnect -- with one literature focusing on the effect of financial deepening on long -- run growth and another studying its impact on volatility and crisis—has given way to a more nuanced approach that analyzes the two phenomena in an integrated framework. The main finding of this literature is that...
See More

DETAILS

DOWNLOADS

COMPLETE REPORT

Official version of document (may contain signatures, etc)


Citation

Loayza,Norman V.; Ouazad,Amine; Ranciere,Romain.

Financial development, growth, and crisis: is there a trade-off ? (English). Policy Research working paper|no. WPS 8237 Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/512501510080248213

This document is being processed or is not available.