Political institutions and financial cooperative development
نویسندگان
چکیده
منابع مشابه
Political Institutions, Policy Instability, and Financial Dollarization
The most recent generation of currency and nancial crisis literature blames the borrowing decisions of real and nancial sector actors; in particular, it argues that the de facto dollarization of liabilities is inherently risky and can trigger a host of economic ills that impede economic development. This paper presents and tests an institutional theory of de facto nancial dollarization. It argu...
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A burgeoning literature finds that financial development exerts a first-order impact on long-run economic growth, which raises critical questions, such as why do some countries have welldeveloped growth-enhancing financial systems, while others do not? The law and finance theory focuses on the role of legal institutions in explaining international differences in financial development. First, th...
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متن کاملThe Political Economy of International Financial Institutions' Lending to Pakistan
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ژورنال
عنوان ژورنال: Journal of Institutional Economics
سال: 2016
ISSN: 1744-1374,1744-1382
DOI: 10.1017/s174413741600031x