Does Economic Diversification Lead to Financial Development? : Evidence From topography /

An influential theoretical literature has observed that economic diversification can reduce risk and increase financial development. But causality operates in both directions, as a well functioning financial system can enable a society to invest in more productive but risky projects, thereby determi...

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Tác giả chính: Ramcharan, Rodney
Định dạng: Tạp chí
Ngôn ngữ:English
Được phát hành: Washington, D.C. : International Monetary Fund, 2006.
Loạt:IMF Working Papers; Working Paper ; No. 2006/035
Những chủ đề:
Truy cập trực tuyến:Full text available on IMF