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The first part of this paper reviews the literature on the relation between finance and growth. The second part of the paper reviews the literature on the historical and policy determinants of financial development. Governments play a central role in shaping the operation of financial systems...
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political economy process, where legitimate social goals are mixed with the objectives of particular interest groups. Whatever …
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There has been a recent resurgence of interest in the relationships between income inequality and growth, trade policy and growth, and growth and poverty. We contribute to this literature by exploring the relationships between inequality, trade liberalisation, growth and poverty in a sample of...
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econometric estimates of the volume of laundered assets in the Colombian economy. In the model, the licit sector operates in a … to the economy but only redistributes wealth (for example robbery, kidnapping, and fraud). The paper provides a series of … laundered assets in the Colombian economy in the period 1985 to 2013. The paper assembles a data set whose key components are …
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