The purpose of this research is to evaluate the relation between the development of financial markets and their institutions and the process of economic growth and development. Throughout the world less developed countries are facing various stages of an international financial crisis. Major banks in the industrialized world, as well as the IMF and World Bank have extended credit to these countries expecting the resulting economic growth to yield the necessary dividends for repayment. However the most expeditious road to growth and development has never been a certain one. One controversy deals with the timing and maturity of the financial institutions and financial markets. This overall process is called “financial deepening.” Previous published research polarizes the role of financial institutions in the process of economic development between supply-leading position and the demand-following hypothesis.

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Date created

• 1988

Type

• Document

Processing Activity

• Processing documentation available at: https://wiki.albany.edu/display/SCA/Processing+Ingested+Digital+Files

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• Creative Commons BY-NC-ND Attribution-NonCommercial-NoDerivs 4.0 International

  
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ITEM CONTEXT

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ff3ca29802c9b5ed0bd77a0a9e76375a

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Part of

74bc8d76f7112f877dcc1bed073089e6

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Part of

23d738ba88f8333bc39725f9cb5bd0b8

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Collection

System Dynamic Society Records

Scope and Contents

Collecting area

• This collection is part of the University Archives