Domestic Resource Mobilization and Financial Development (Studies in Development Economics and Policy)

This Significant And Timely Volume Offers Crucial Insights Into The Constantly Evolving Debate Within The International Development Community Regarding The Mobilization Of Domestic Resources And The Crucial Role That Financial Development Can And Should Play In This Regard. This Book Explores Various Aspects Of The Financial Development-domestic Resource Mobilization Nexus, Including Detailed Case Studies From Africa (including Ethiopia, Morocco And Zambia) And Asia (including China, South Korea And Vietnam), And Applicable Policy Lessons. The Contributions, From Leading Experts In The Area Of Finance And Development, Strike A Fine Balance Between Theory, Evidence And Policy. The Book Is An Indispensable Companion For Professionals And Policymakers Engaged In Reforms In This Area, And Is Also A Vital Reference Source For Students On Undergraduate And Graduate Courses In Development, Finance And Economics. Domestic Resource Mobilization And Financial Development: Introduction; G. Mavrotas -- Stock Market Development And Economic Growth; S. Capasso -- Financial Development And Growth: Evidence From Panel Data Models; G. Mavrotas And S-i. Son -- Excess Credit And The South Korean Crisis; P. Demetriades And B. Fattouh -- Financial Sector Development And Growth: The Chinese Experience; I. Hasan And M. Zhou -- Institutional Analysis Of Financial Market Fragmentation In Sub-saharan Africa: A Risk-cost Configuration Approach; M. Nissanke And E. Aryeetey -- Financial Reform And The Mobilization Of Domestic Savings: The Experience Of Morocco; M. Baliamoune-lutz -- The Structure And Performance Of Ethiopia's Financial Sector In The Pre- And Post Reform Periods; A. Geda -- Financial Sector Development In Zambia: Implications For Domestic Resource Mobilization; S. Maimbo And G. Mavrotas -- The Determinants Of Loan Contracts To Business Firms: Empirical Evidence From A Private Bank In Vietnam; P.t.t. Tr̉ And R. Lensink. Edited By George Mavrotas. Includes Bibliographical References And Index.