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Financial Integration and Development examines the effects of financial liberalization on development, with particular focus on Sub-Saharan Africa. Looking at the relationship between formal and informal institutions, it focuses on structural features that separate formal and informal segments of the financial system. The findings are based on field work conducted in Ghana, Malawi, Nigeria and Tanzania, and lead the way to a reassessment of the design of financial reform programmes and some proposals for effective institution-building policies.
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Financial Integration and Development examines the effects of financial liberalization on development, with particular focus on Sub-Saharan Africa. Looking at the relationship between formal and informal institutions, it focuses on structural features that separate formal and informal segments of the financial system. The findings are based on field work conducted in Ghana, Malawi, Nigeria and Tanzania, and lead the way to a reassessment of the design of financial reform programmes and some proposals for effective institution-building policies.
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This Handbook responds to the needs and aspirations of current and future generations of development economists by providing critical reference material alongside or in relation to mainstream propositions. Despite the potential of globalisation in accelerating growth and development in low and middle-income countries through the spread of technology, knowledge and information, its current practice in many parts of the world has led to processes that are socially, economically and politically and ecologically unsustainable. It is critical for development economists to engage with the pivotal question of how to change the nature and course of globalisation to make it work for inclusive and sustainable development. Applying a critical and pluralistic approach, the chapters in this Handbook examine economics of development paths under globalisation, focusing on sustainable development in social, environmental, institutional and political economy dimensions. It aims at advancing the frontier of development economics in these key aspects and generating more refined policy perspectives. It is critically reflective in examining effects of globalisation on development paths to date, and in terms of methodological and analytical approaches, as well as forward-thinking in policy perspectives with a view to laying a foundation for sustainable development.
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