Finance markets, the new economy and growth /

Finance markets, the new economy and growth / edited by Luigi Paganetto. - xii, 184 pages : illustrations ; 25 cm

Includes bibliographical references and index.

Asset valuation, liquidity issues and growth regimes by Jean-Paul Fitoussi and Jean-Luc Gaffard / ICT 'bottlenecks' and the wealth of nations : a contribution to the empirics of economic growth by Leonardo Becchetti and Fabrizio Adriani / Globalization, the new economy and growth in the leading industrial countries by Dominick Salvatore / Capital market imperfections, high-tech investment and new equity financing by Robert E. Carpenter and Bruce C. Petersen / 2 Factor saving innovation by Michele Boldrin and David K. Levine -- 4 Growth and finance : what do we know and how do we know it? by Paul Wachtel -- 6 Finance, technology and risk by Luigi Paganetto and Pasquale Lucio Scandizzo -- 8 Inside the 'magic box' : the Internet and the growth of small and medium-sized enterprises by Giovanni Ferri and Marzio Galeotti and Ottavio Ricchi. 1. 3. 5. 7.

"The existence of significant differences in the organization of the US and European financial markets prompts a number of important questions. Firstly, is it possible to determine the type of institutions that are more conducive to growth? Secondly, did the financial markets play a key role in securing the growth and prosperity of the US during the 1990s? A third issue is the effect of the recent changes in the organization of the financial markets. The last issue addressed relates to the effects on investment and growth of the different corporate governance structures that prevail in the various countries. By exploring the differences between the financial markets in the US and Europe this book helps the reader assess the role of financial markets in securing investment and growth."--Publisher's website.

0754642364 9780754642367


Finance--Europe
Finance--United States
International economic integration

332.09051

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