Hidden Bibliographic Details
Other authors / contributors: | Leite, Sérgio Pereira.
International Monetary Fund. African Department.
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ISBN: | 1451898444 9781451898446 1281155853 9781281155856 1462382223 9781462382224 9786613777218 6613777218
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Notes: | Includes bibliographical references (pages 27-28). Restrictions unspecified Electronic reproduction. [Place of publication not identified] : HathiTrust Digital Library, 2010. Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212 English. digitized 2010 HathiTrust Digital Library committed to preserve Print version record.
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Summary: | A developed and well-functioning financial sector is a key component of an economy, facilitating the exchange of goods and services, mobilizing savings, allocating resources, and helping diversify risks. Since the work of Goldsmith (1969), McKinnon (1973), and Shaw (1973), a growing body of literature has affirmed the importance of financial development to economic growth. 2 A question that remains, however, is how to measure financial development. Moreover, it would be helpful if one could identify those aspects of financial development that are important for improving economic performance.
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Other form: | Print version: Gelbard, E. (Enrique). Measuring financial development in Sub-Saharan Africa. [Washington, D.C.] : International Monetary Fund, African Dept., ©1999
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Standard no.: | 10.5089/9781451898446.001
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