Evolution of banking system role in creation of financial conditions of economic growth in market economy


Cite item

Full Text

Abstract

The changes of banking system influence on economic growth during market economy evolution are considered and the essence of this influence in modern market economy is determined. It is shown that money endogenization, that is a result of banking system development, substantially extends possibilities of the market system to finance investments.

About the authors

E P Sevastyanova

References

  1. Arestis, P. Post-Keynesian Theory of Money, Credit and Finance / P. Arestis // Post-Keynesian Monetary Economics : New Approaches to Financial Modelling. Aldershot : Hants Press, 1988. P. 41-71.
  2. Eichner, A. S. A Theory of the Determination of the Mark-Up Under Oligopoly / A. S. Eichner // Economic Journal. 1973. Vol. 83. P. 1184-1200.
  3. Hicks, J. R. A Theory of Economic History / J. R. Hicks. Oxford : Clarendon Press, 1969. 181 p.
  4. Goldsmith, R. W. Financial Structure and Development / R. W. Goldsmith. New Haven : Yale University Press, 1969. 561 p.
  5. McKinnon, R. I. Money and Capital in Economic Development / R. I. McKinnon. Washington : Brookings Institution Press, 1973. 184 p.
  6. Minsky, H. P. Stabilizing an Unstable Economy / H. P. Minsky. New Haven : Yale University Press, 1986. P. 210.
  7. Robinson, J. The Generalization of the General Theory / J. Robinson // The Rate of Interest and other Essays. London : Macmillan Press, 1952. P. 29-53
  8. Осадчая, И. Эволюция кейнсианства в условиях «консервативного сдвига» / И. Осадчая // Мировая экономика и международные отношения. 1990. N. 9. С. 43-54.

Supplementary files

Supplementary Files
Action
1. JATS XML

Copyright (c) 2006 Sevastyanova E.P.

Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 International License.

This website uses cookies

You consent to our cookies if you continue to use our website.

About Cookies