How Do Financial Systems Affect Economic Performance ?

@inproceedings{Carlin1999HowDF,
  title={How Do Financial Systems Affect Economic Performance ?},
  author={Wendy Carlin and Colin Mayer},
  year={1999}
}
This paper examines the relation between financial, corporate and legal systems, and economic performance in different countries. It reviews international comparisons that undertake detailed analyses of individual, developed countries and studies that use large, cross-country data banks, including developing countries. While the former do not provide evidence of a clear relation between different types of systems and economic performance, the latter report a strong association of financial… CONTINUE READING

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