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Money, Interest, and Banking in Economic Development

'Money, Interest, and Banking in Economic Development' cover image

Money, Interest, and Banking in Economic Development

second edition

Combining theory, empirical evidence, institutional analysis, and policy evaluation, the second edition of Money, Interest, and Banking in Economic Development provides a comprehensive overview of the role of monetary and financial economics in developing countries. Maxwell Fry includes new chapters on finance in endogenous growth models, foreign direct investment and the accumulation of foreign debt, and fiscal activities of central banks in developing countries.