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Paperback Political Institutions and Financial Development Book

ISBN: 0804756937

ISBN13: 9780804756938

Political Institutions and Financial Development

(Part of the Social Science History Series)

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Book Overview

Economists have long maintained that a well-developed and functioning financial system is a vital prerequisite to economic growth. Countries with robust banking sectors and securities markets--that is, countries in which credit cards, loans, mortgages, and the ability to issue stocks and bonds are available to a broad swath of consumers and businesses--are more prosperous than countries that restrict such access to a favored elite. What is less...

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