Contents: Part I Theory and evidence on finance and growth -- 1. Financial development and innovation-led growth / Phillippe Aghion, Peter Howitt and Ross Levine -- 2. Financial structure, economic growth and development / Franklin Allen, Xian Gu and Oskar Kowalewski -- 3. Evidence on finance and economic growth / Alexander Popov -- Part II Historic accounts -- 4. Two centuries of finance and growth in the United States, 1790-1980 / Howard Bodenhorn -- 5. The financial system in Germany, 1800-1914 / Carsten Burhop, Timothy Guinnane and Richard Tilly -- 6. Finance and growth in the United Kingdom / Hans-Joachim Voth -- 7. East Asian financial and economic development / Randall Morck and Bernard Yeung -- 8. Sovereign commitment and financial underdevelopment in Nineteenth-century Brazil / William Summerhill -- Part III Finance, growth and stability -- 9. Finance and the real economy: evidence from the U.S / Allen Berger and Raluca Roman -- 10. Financial development, growth, and crisis: is there a trade-off? / Norman Loayza, Amine Ouazad and Romain Ranciere -- 11. The management and prevention of banking crises: lessons from recent experience / Patrick Honohan -- 12. Financial globalization: a glass half empty / Facundo Abraham and Sergio Schmukler -- 13. Technological change, financial innovation, and economic development / Thorsten Beck and Scott Frame -- Part IV Policies and institutions -- 14. Regulation and supervision and economic development / James Barth and Jerry Caprio -- 15. Bank ownership and economic development / Robert Cull, Maria Soledad Martinez Peria and Jeanne Verrier -- 16. What drives financial sector development?: policies, politics and history / Thorsten Beck -- 17. Endogenous political institutions and financial development / Thomas Lambert and Paolo Volpin -- Part V Access to finance -- 18. Financing SMEs and economic development / Meghana Ayyagari, Asli Demirguc-Kunt and Vojislav Maksimovic -- 19. Household finance and economic development / Asli Demirguc-Kunt, Leora Klapper and Dorothe Singer -- 20. Microfinance and economic development / Robert Cull and Jonathan Morduch -- Index.
