Abstract
The crisis, caused as it was by multiple reasons, has evoked considerable debate about the part that financial innovation had in its occurrence and perpetration and the larger question of its role in economic growth. There is not much empirical literature on the subject, but recent evidence, even though not enough to provide a nuanced view of the subject, does give us a basis for examining what determines the
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© 2013 Piya Mahtaney
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Mahtaney, P. (2013). Financial Development: Too Little of It. In: Globalization and Sustainable Economic Development. Palgrave Macmillan, New York. https://doi.org/10.1057/9781137024992_13
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DOI: https://doi.org/10.1057/9781137024992_13
Publisher Name: Palgrave Macmillan, New York
Print ISBN: 978-1-349-43872-3
Online ISBN: 978-1-137-02499-2
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