Pizhuhish nāmah-i intiqādī-i mutūn va barnāmah hā-yi ̒ulūm-i insāni (Critical Studies in Texts & Programs of Human Sciences)

A Critique of the Book "Finance Development and Economic Growth: Explaining Links"

Document Type : Research

Author

Abolfazl Noferesti

PhD in Development and Planning Economics, Banking Researcher at Export Development Bank of Iran

https://doi.org/10.30465/crtls.2019.4831
Abstract
This book is one of the new books on financial development published in 2010. The book has seven chapters and each chapter is written by different authors. Each chapter seems to be a summary of a broader study, set up in a framework almost like the article. Although the content of each chapter is very valuable to study, it has not addressed many of the new issues affecting the relationship between the financial development and economic growth. On the part of the translation, this book does not have a fluent translation and requires a revision of the Persian translation and the Persian equivalents used for some English words. From the editorial point of view, it seems that the editing of the book has not been done carefully and the book needs to be revised again.

Keywords

Financial Development
Money
Growth
Critique

Subjects

آرمنداریز و همکاران (1389)، توسعة ‌مالی و رشد اقتصادی (تبیین پیوندها)، ترجمة ناهید پوررستمی و محمود مشهدی احمد، تهران: دانشگاه تهران.
نوفرستی، ابوالفضل (1397)، «توسعة ‌مالی و نابرابری ـ نقدی بر مبانی نظری متون منتشره در ایران»، پژوهش‌نامة انتقادی متون و برنامه‌های علوم انسانی، ش 62.
Aghion, P. and P. Howitt (2009), The Economics of Growth, The MIT Press Cambridge, Massachusetts London, England.
Aghion, P., E. Caroliand, and C. García-Peñalosa (1999), “Inequality and Growth: The Perspective of the New Growth Theories”, Journal of Economic Literature, vol. 37, no. 4.
Creane, S. et al. (2004), “Financial Sector Development in the Middle East and North Africa”, IMF Working Paper, WP/04/201.
Galor, O. and J. Zeira (1993), “Income Distribution and Macroeconomics”, The Review of Economic Studies, vol. 60.
Galor, O. and O. Moav (2004), “From Physical to Human Capital Accumulation: Inequality and the Process of Development”, The Review of Economic Studies, vol. 71.
Kunieda, T. (2008), “Financial Globalization and Inequality”, MPRA Paper, no. 11343.
Ram, R. (1988), “Economic Development and Income Inequality: Further Evidence on the U-curve Hypothesis”, World Development, vol. 16.
The World Economic Forum (2009), “The Financial Development Report 2009”, World Economic Forum USA Inc, New York, USA.
Pizhuhish nāmah-i intiqādī-i mutūn va barnāmah hā-yi ̒ulūm-i insāni (Critical Studies in Texts & Programs of Human Sciences)
Volume 19, Issue 9 - Serial Number 73
December 2019
Pages 255-273

  • Receive Date 06 June 2019
  • Revise Date 28 August 2019
  • Accept Date 02 October 2019

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