New Structural Financial Economics: A Framework for Rethinking the Role of Finance in Serving the Real Economy

by Zirong Yang, Justin Yifu Lin, Jiajun Xu

This Element proposes an alternative framework for rethinking the role of finance in serving the real economy from the perspective of New Structural Financial Economics. It challenges the conventional wisdom that developing countries should take the financial structure of developed countries as the benchmark and financial structure does not matter in spurring long-run economic development. As a sub-discipline of New Structural Economics, New Structural...

• Format: Hardcover
• Language: English
• ISBN: 1009501712
• ISBN13: 9781009501712
• Release Date: February 2024
• Publisher: Cambridge University Press
• Length: 72 Pages
• Weight: 0.59 lbs.
• Dimensions: 0.3" x 6.0" x 9.0"