000 02702nam a2200421 i 4500
001 CR9781009501705
003 UkCbUP
005 20240508141511.0
006 m|||||o||d||||||||
007 cr||||||||||||
008 231026s2024||||enk o ||1 0|eng|d
020 _a9781009501705 (ebook)
020 _z9781009501712 (hardback)
020 _z9781009501736 (paperback)
040 _aUkCbUP
_beng
_erda
_cUkCbUP
043 _ad------
050 4 _aHG195
_b.L56 2024
082 0 4 _a332.091724
_223
100 1 _aLin, Justin Yifu,
_d1952-
_eauthor.
245 1 0 _aNew structural financial economics :
_ba framework for rethinking the role of finance in serving the real economy /
_cJustin Yifu Lin, Jiajun Xu, Zirong Yang, Yilin Zhang.
264 1 _aCambridge :
_bCambridge University Press,
_c2024.
300 _a1 online resource (61 pages) :
_bdigital, PDF file(s).
336 _atext
_btxt
_2rdacontent
337 _acomputer
_bc
_2rdamedia
338 _aonline resource
_bcr
_2rdacarrier
490 1 _aCambridge elements. Elements in development economics,
_x2755-1601
506 0 _aOpen Access.
_fUnrestricted online access
_2star
500 _aTitle from publisher's bibliographic system (viewed on 16 Feb 2024).
520 _aThis 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 Financial Economics has three tenets. First, examining the appropriate financial structure should take an economy's factor endowment structure as the starting point of analysis, which identifies its latent comparative advantage. Second, the appropriate financial structure is determined by the financing needs of the prevailing production structure. Third, a government should provide development financing to address market failures, and make tailored financial regulations in line with the characteristics of specific financial arrangements. This title is also available as Open Access on Cambridge Core.
650 0 _aFinance
_zDeveloping countries.
651 0 _aDeveloping countries
_xEconomic conditions.
700 1 _aXu, Jiajun,
_eauthor.
700 1 _aYang, Zirong,
_eauthor.
700 1 _aZhang, Yilin,
_eauthor.
776 0 8 _iPrint version:
_z9781009501712
830 0 _aCambridge elements.
_pElements in development economics,
_x2755-1601.
856 4 0 _uhttps://doi.org/10.1017/9781009501705
999 _c38256
_d38256