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Capital Requirements in Economic Development: The Decade Ahead Read chapter Read first chapter

1985 | OriginalPaper | Chapter

The Financial Sector in the Planning of Economic Development

Authors : David Backus, Herminio Blanco, David Levine

Published in: Financing Problems of Developing Countries

Publisher: Palgrave Macmillan UK

Included in: Professional Book Archive

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Financial institutions play a central role in the process of economic development, channeling consumer savings into sectors where capital is most productive. How well they perform this role determines in large part the rate and distribution of economic growth.

previous chapter The Role and Pattern of Domestic Financing in the Process of Economic Development: Empirical Evidence
next chapter Savings Generation and Financial Programming in a Basic Need Constrained Developing Economy
Metadata
Title
The Financial Sector in the Planning of Economic Development
Authors
David Backus
Herminio Blanco
David Levine
Copyright Year
1985
Publisher
Palgrave Macmillan UK
Book
Financing Problems of Developing Countries

Print ISBN: 978-1-349-06751-0

Electronic ISBN: 978-1-349-06749-7

Copyright Year: 1985

DOI
https://doi.org/10.1007/978-1-349-06749-7_3