Financial Deepening, Terms of Trade Shocks, and Growth Volatility in Low-Income Countries /

This paper contributes to the literature by looking at the possible relevance of the structure of the financial system-whether financial intermediation is performed through banks or markets-for macroeconomic volatility, against the backdrop of increased policy attention on strengthening growth resil...

Full description

Bibliographic Details
Main Author: Kpodar, Kangni
Other Authors: Le Goff, Maelan, Singh, Raju
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2019.
Series:IMF Working Papers; Working Paper ; No. 2019/068
Online Access:Full text available on IMF