Investment finance in economic development
Investment finance in economic development
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经济发展中的投资金融
DOI：
10.4324/9780203202234
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发表时间：
1995
期刊：
影响因子：
--
通讯作者：
Rogério Studart
中科院分区：
文献类型：
--
作者：
Rogério Studart
由于1980年代的自由化，金融制度在发展中经济体中发挥了突出作用。如今，“金融自由化”是刺激经济发展的手段已成为一种传统智慧。经济发展中的投资融资挑战了这一假设，并提供了另一种观点。这本书提出了一种后凯恩斯主义的方法来研究银行、金融市场和储蓄在经济发展中的作用。它偏离了传统观念，即金融机构仅仅是储户和投资者之间的中介，表明银行在投资融资和增长过程中发挥着关键、积极的作用。此外，金融市场作为金融储蓄的配置场所，在增长过程中对支持金融稳定具有重要作用。
As a result of the liberalization of the 1980s, the financial system has acquired a prominent role in developing economies. It is now conventional wisdom that 'financial liberalization' is the means to stimulate economic development. Investment Finance in Economic Development challenges this assumption and offers an alternative view. The book presents a post-Keynesian approach to the role of banks, financial markets and savings in economic development. It departs from the conventional belief that financial institutions are mere intermediaries between savers and investors, to show that banks have a key, active role in the process of investment finance and growth. Further, financial markets, as the loci of allocation of financial savings, are shown to have an important role in supporting financial stability during the process of growth.