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- W2894524637 abstract "offer what may be the most reasonable compromise on the question of causality: a model in which financial markets arise after some period of real development, and in which the expansion of those markets fuels further real growth. A logical implication of this model is that exogenous creation of a financial system with advanced features may not spur real growth. The problem then for implementing development policy is determining how to get poor countries to the point at which financial systems will arise endogenously." @default.
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- W2894524637 date "1998-01-01" @default.
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- W2894524637 title "Banking Systems and Economic Growth: Lessons from Britain and Germany in the Pre=Wolrd Ware I Era" @default.
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