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    Impact of capital markets reforms in Colombia´s economic development

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    Impact of Capital Market Reforms Final Report.pdf (Impact of Capital Markets Reforms in Colombia's Economic Development) (1.201Mb)
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    Date

    2011-12

    Author

    Salazar, Natalia
    Becerra, Alejandro
    Wills, Daniel

    URI

    http://hdl.handle.net/11445/186
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    Abstract

    "In empirical economic literature it is widely recognized that a well-developed financial system, or in other words a well-functioning banking system and capital market, has a positive effect on a country s economic growth. However, there is a large discussion on the channels through which this impact occurs. Several studies suggest that financial development promotes growth through two main channels: capital accumulation and gains in productivity."

    Abstract

    "In empirical economic literature it is widely recognized that a well-developed financial system, or in other words a well-functioning banking system and capital market, has a positive effect on a country s economic growth. However, there is a large discussion on the channels through which this impact occurs. Several studies suggest that financial development promotes growth through two main channels: capital accumulation and gains in productivity."

    Palabras clave

    Mercado Financiero
    Sistema Financiero
    Mercado de Capitales
    Desarrollo Económico

    JEL

    G10
    O16
    G18
    Collections
    • Financiero y Bancarización [72]

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    Acerca de Fedesarrollo

    La Fundación para la Educación Superior y el Desarrollo (Fedesarrollo) es una entidad privada sin ánimo de lucro. Establecida en 1970, se dedica a la investigación en temas de política económica y social.

    Fedesarrollo

    Calle 78 Nº 9 -91, Bogotá - Colombia
    Tel (571) 325 9777, Fax (571) 325 9770
    https://www.fedesarrollo.org.co
    © 2017, Todos los derechos reservados

    Redes Sociales