The State, the markets and development financing / Rogério Studart.

Format:

Book

Government document

Author/Creator:

Studart, Rogério, 1961- author.

Language:

English

Subjects (All):

Economic and Social Development.

Local Subjects:

Economic and Social Development.

Physical Description:

1 online resource (14 pages)

Contained In:

CEPAL Review Vol. 2005, no. 85, p. 19-32 2005:85<19 16840348

Place of Publication:

New York : United Nations, 2005.

System Details:

data file

Summary:

This article examines the role of the State, institutions and financial markets in the financing of economic development, and in particular the role of development banks. It touches on the limitations of today's conventional approach to development financing problems. It stresses information asymmetries as a cause of credit rationing and the poor distribution of savings. It also offers an analysis of the role of the State and markets in development financing, together with a policy agenda suggested by the different approach set forth here. It concludes with some considerations concerning problems and challenges now facing development financing in Latin America.

Notes:

Title from title screen (viewed May 1, 2017).

Access Restriction:

Restricted for use by site license.