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Money, Financial Repression, and Economic Growth

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International Finance and the Less Developed Countries

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Abstract

My aim is to develop some themes concerning financial institutions, and to evaluate policies which have been used to advance the pace of economic development. This is to be contrasted with a theoretical analysis of the role of financial assets rival to physical capital in one sector growth models. Although steady state growth theory may have implications for understanding the development of actual economies through time, it is essential for clarity to distinguish these two lines of thought.

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Authors
  1. Alvin L. Marty
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Editor information

Editors and Affiliations

  1. The City University Business School, London, UK

    Kate Phylaktis (Lecturer in International Finance) (Lecturer in International Finance)

  2. Bank of England, UK

    Mahmood Pradhan (Economist) (Economist)

Copyright information

© 1990 Kate Phylaktis and Mahmood Pradhan

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Marty, A.L. (1990). Money, Financial Repression, and Economic Growth. In: Phylaktis, K., Pradhan, M. (eds) International Finance and the Less Developed Countries. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-10379-9_7

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