Edited by Christopher J. Green, Professor of Economics and Finance, Loughborough University, UK, Colin Kirkpatrick, former Hallsworth Professor of Development Economics, Institute for Development Policy and Management (IDPM) and Co-Director, Regulation Research Programme, Centre on Regulation and Competition (CRC), University of Manchester, UK and Victor Murinde, AXA Professor in Global Finance, School of Finance and Management, SOAS University of London, UK

• Contents: Preface 1. How Does Finance Contribute to the Development Process and Poverty Reduction? Christopher J. Green, Colin H. Kirkpatrick and Victor MurindePART I: FINANCIAL MARKETS AND THE MACROECONOMY 2. Savings and Financial Sector Development: Assessing the Evidence George Mavrotas3. Flow of Funds: The Relationship between Finance and the Macroeconomy Christopher J. Green and Victor Murinde4. Stock Market Development: What Have We Learned? Rose W. Ngugi, Victor Murinde and Christopher J. Green5. Financial Regulation in Developing Countries: Policy and Recent Experience Martin Brownbridge, Colin H. Kirkpatrick and Samuel Munzele Maimbo6. Banking Regulation after Recent Financial Crises: Lessons for Developing and Developed Countries David T. Llewellyn7. Policy Issues in Market-Based and Non-Market-Based Measures to Control the Volatility of Portfolio Investment Edmond Valpy Knox FitzGeraldPART II: HOUSEHOLDS, FIRMS, AND FINANCIAL INSTITUTIONS8. Finance and Poor People’s Livelihoods Susan Johnson, David Hulme and Orlanda Ruthven9. Finance for the Poor: The Way Forward? Thankom Arun, David Hulme, Imran Matin and Stuart Rutherford10. Rural Financial Markets Susan Johnson11. Small and Medium Sized Enterprises in Developing Economies Frederick Nixson and Paul Cook12. Company Financial Structure: A Survey and Implications for Developing Economies Sanjiva Prasad, Christopher J. Green and Victor MurindeIndex

'In this new book a group of 18 distinguished authors presents comprehensive surveys of current issues in the field of finance and development. . . This book nicely bridges the gap between general research on the role of finance for economic growth and the role finance plays for developing economies and poverty reduction. . . Moreover, the authors identify a great number of promising ideas for future research. . .'