Money and Capital in Economic DevelopmentBrookings Institution, 1973 - 184 Seiten Study of the role of capital and financial markets in developing countries, presenting an economic theory of economic development in which the domestic monetary system and monetary policy are of prime importance - covers agricultural credit and savings, banking systems, investment, the role of high interest rates, inflation, unemployment, money supply and the price level, trade and fiscal policy, exchange rates and foreign capital, etc. References and statistical tables. |
Inhalt
Introduction | 1 |
Money and the Price Level | 37 |
Financial Repression and Inflation | 68 |
Urheberrecht | |
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Häufige Begriffe und Wortgruppen
aggregate agricultural bank credit banking system borrowers Brazil capital accumulation capital market central bank Chapter Chile commodity consumer currency deflation devaluation efficient entrepreneurs exchange rate export external finance farmers financial assets financial growth financial repression firm-households firms foreign capital foreign exchange foreign trade fragmentation Hence holders holding money import import substitution income increase industrial inputs internal Japan Keynesian Korea labor LDCs learning-by-doing lending less developed countries liberalization loans marginal monetary system Money supply moneylenders nominal interest rate nominal money nominal rates percent period physical capital poor countries price index production propensity to save rate of inflation rates of interest rates of return ratio real cash balances real money balances real rates real return real stock reduced reform restrictions return on holding return on money revenue rural savings deposits sector seigniorage self-finance stock of money subsidy substitution sumer tariff theory tion U.S. dollars