Böcker i British Association for the Advancement of Science-serien

The most successful economies have the best working financial markets. Here seven leading financial economists explore the links between financial development and growth. The book seeks to answer the question of the role of finance in promoting sustainable growth and in the reduction of poverty, for example via micro-financial institutions.

This authoritative collection assesses the scope and limitations of public choice theory for informing the choices of policy-makers. Theoretical contributions are combined with case studies of specific areas of economic policy, including the growth of budget deficits under Reagan and Thatcher; science and technology and housing policy.

The virtues and failings of market economies are at present widely debated and the outcome of the debate is of practical importance. This book contains essays that address these issues of economic policy ranging from privatisation of industry and financial markets to education and the proposal for an internal market in the health service.

The most successful economies have the best working financial markets. Here seven leading financial economists explore the links between financial development and growth. The book seeks to answer the question of the role of finance in promoting sustainable growth and in the reduction of poverty, for example via micro-financial institutions.