TY  - GEN
AU  - Tsuru,Kotaro
TI  - Finance and Growth: Some Theoretical Considerations and a Review of the Empirical Literature 
T2  - OECD Economics Department Working Papers,
PY  - 2000///
CY  - Paris
PB  - OECD Publishing
KW  - Economics
N2  - This paper aims at providing an overview of the theoretical considerations and a review of the empirical literature on the relationship between finance and growth. Section I describes the role of financial development in economic growth at the macro level, both theoretically and empirically. Section II examines the role of corporate finance in firm-level performance, especially focusing on the role of "internal funds" and "internal capital markets". Section III presents a comparative analysis of financial systems, and analyses both the Asian crisis and the US venture capital phenomenon from this perspective. Section IV presents some policy implications and conclusions
UR  - https://s443-doi-org.br.lsproxy.net/10.1787/307832384453
ER  -