Financial development and industrial capital accumulation
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Author
Contributions
- World Bank. Financial Sector Practice. Financial Economics Group. - Contributor
Publication
1999 - World Bank, Financial Sector Practice Dept., Financial Economics Unit, Washington, DC, District of Columbia
Language
English
Word Count
6,250 words, Guess
Page Count
25 pages
Identifiers
- Library of Congress Control Number00711631
- OCLC Control Number42687415
- Open LibraryOL6901034M
Classifications
- LCCHG3881.5.W57 P63 no. 2201
Description
There may be a compelling discontinuity to financial sector development in that banks need to be supported early in development but need to be "weakened" later, at the expense of bank rents, to foster further development. The important question for policy is when and how to generate and manage this discontinuity so that it is not forced on society by costly and traumatic events such as bank failures.
Subjects
Topics
Places
Series Statement
- Policy research working paper ;
- 2201
- Policy research working papers ;
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