Financial structure and economic development
firm, industry, and country evidence
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Author
Contributions
- Beck, Thorsten. - Contributor
- World Bank. Development Research Group. Finance. - Contributor
Publication
2000 - World Bank, Development Research Group, Finance, Washington, DC, District of Columbia
Language
English
Word Count
0 words, Guess
Page Count
0 pages
Physical Format
Electronic resource
Identifiers
- Library of Congress Control Number2002616214
- Open LibraryOL3669376M
Classifications
- LCCHG3881.5.W57
Description
A country's level of financial development and the legal environment in which financial intermediaries and markets operate critically influence economic development. In countries whose financial sectors are more fully developed and whose legal systems protect the rights of outside investors, economies grow faster, industries dependent on external finance expand more quickly, new firms are created more easily, firms have more access to external financing, and firms grow faster.
Subjects
Genres
- Statistics
Series Statement
- Policy research working paper ;
- 2423
- Policy research working papers (Online) ;
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