Combining theory, empirical evidence, institutional analysis, and policy evaluation, the second edition of Money, Interest, and Banking in Economic Development provides a comprehensive overview of the role of monetary and financial economics in developing countries. Maxwell Fry includes new chapters on finance in endogenous growth models, foreign direct investment and the accumulation of foreign debt, and fiscal activities of central banks in developing countries.
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"Economists and students interested in this area will find it indispensable." -- Journal of Economic Literature., reviewing a previous edition or volume
"A must for academicians and policymakers." -- Journal of Money, Credit, and Banking, reviewing a previous edition or volume
Maxwell Fry is Tokai Bank Professor of International Finance at the University of Birmingham, UK.
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