Titlebook: Development Finance; Challenges and Oppor Gianluigi Giorgioni Book 2017 The Editor(s) (if applicable) and The Author(s) 2017 Finance.Develo

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Beyond Deduction: From Descartes to Gödelesults suggest that the economic impact of lending to the poor are at best modest and cannot in any way be taken for granted. Against the backdrop of this accumulated knowledge, using credit alone as a development intervention is neither justified nor helpful.

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Introduction,ffecting growth at macro level, the empirical evidence of a positive impact of stock markets is significantly more mixed at more micro level. Finally, the role of remittances and foreign direct investment (FDI) in enhancing economic development is also critically analysed.

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The Impact of Microfinance on Poverty Alleviation: Making Sense of the Evidence,esults suggest that the economic impact of lending to the poor are at best modest and cannot in any way be taken for granted. Against the backdrop of this accumulated knowledge, using credit alone as a development intervention is neither justified nor helpful.

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Mathematics, Culture, and the Artsms, since MNEs are increasingly able to control value chains without ownership through equity. This means that objectively judging if MNE activity have a net positive or negative effect, and whether such effects persist or attenuate over time, is increasingly complicated.

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Mathematics, Culture, and the Artslowing hypothesis, as well as the mutually causal theories, is not supported by these results. It stands to reason therefore that the effect of either stock market development on economic growth or the reverse in Africa may occur through some other economic and/or financial channels.

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The Stock Market Development and Economic Growth Puzzle: Empirical Evidence from Africa,lowing hypothesis, as well as the mutually causal theories, is not supported by these results. It stands to reason therefore that the effect of either stock market development on economic growth or the reverse in Africa may occur through some other economic and/or financial channels.

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