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The Brazilian Development Bank  

Luiz Ricardo Cavalcante

Print publication date:
Oct 2018
Online publication date:
Aug 2018
This chapter discusses the role played by the Brazilian Development Bank (BNDES) based upon a survey of its costs and benefits reported in the literature. It provides some theoretical ... More

Distributive Conflicts and Indian Economic Policy: Some Notes On Political Economy  

Pranab Bardhan

Print publication date:
Mar 2012
Online publication date:
Nov 2012
This article discusses political economy issues that arise from distributive conflicts and that govern economic policy in India. The article notes that contrary to popular perception, India ... More

Financial Inclusion in Africa: Obstacles and Opportunities  

Asli Demirgüç-Kunt, Leora Klapper, and Peter van Oudheusden

Print publication date:
Jul 2015
Online publication date:
Nov 2014
This chapter discusses the motivation to expand financial inclusion in Africa, the obstacles faced in expanding formal financial services, and the opportunities to do so offered by new ... More

Financial Markets Development in Africa: Reflections and the Way Forward  

Kalu Ojah and Odongo Kodongo

Print publication date:
Jul 2015
Online publication date:
Nov 2014
The preponderance of recent evidence on the nexus between financial development and economic growth suggests a finance-leading-growth relationship. This kind of nexus is particularly ... More

Financial Reforms, Financial Development, and Structural Change  

Enisse Kharroubi and Luiz A. Pereira da Silva

Print publication date:
Feb 2019
Online publication date:
Mar 2019
This chapter explores the interrelationships between financial reforms, financial development, and structural change. More specifically, it considers the impact of financial reform on ... More

Financing Ethiopia’s Development  

Mekonnen Manyazewal

Print publication date:
Jan 2019
Online publication date:
Feb 2019
In recent years Ethiopia has captured headlines for the impressive social and economic progress and for government commitment to and ownership of the development process. Domestic and ... More

Foreign Direct Investment in Latin America  

João Carlos Ferraz, Michael Mortimore, and Márcia Tavares

Print publication date:
Jul 2011
Online publication date:
Sep 2012
Historically, foreign direct investment (FDI) has had an ambivalent role in terms of its contribution to development, especially how it shaped the productive sector in Latin America, such ... More

Infrastructure Finance: Mobilizing Long-Term Liability Embedded Funds from International Institutional Investors to Emerging Markets  

Kevin Lu and Cledan Mandri-Perrott

Print publication date:
Feb 2019
Online publication date:
Mar 2019
This chapter examines the current investment gap in the emerging market and developing economy (EMDE) infrastructure market and proposes innovative solutions to help close the gap and ... More

Introduction  

Chetan Ghate

Print publication date:
Mar 2012
Online publication date:
Nov 2012
This article highlights India's growing economic importance on the world stage and focuses on the recent and future course of the Indian economy. India's remarkable economic growth in ... More

Islamic Finance in North Africa  

Wafik Grais

Print publication date:
Jul 2015
Online publication date:
Nov 2014
This chapter reviews Islamic finance’s North Africa’s historical roots and connections to the region’s development. It outlines an organizational blueprint for the industry that would allow ... More

Microfinance: The Shg-Linkage Program  

Prabal Roy Chowdhury

Print publication date:
Mar 2012
Online publication date:
Nov 2012
The microfinance sector in Indian has followed two different models: the microfinance institute (MFI) model and the self-help-group (SHG) linkage model. The MFIs mostly follow the Grameen ... More

The Role of Finance in Economic Development: Benefits, Risks, and Politics  

Thorsten Beck

Print publication date:
Apr 2012
Online publication date:
Nov 2012
This article explores the role of the financial sector for economic growth, the causes and consequences of financial fragility, and the politics behind financial deepening and fragility. In ... More

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