Finance, development and structural change : post-Keynesian perspectives / edited by Philip Arestis and Victoria Chick.

List of figures, vii -- List of tables, viii -- Notes on the Contributors, x -- Introduction / Philip Arestis and Victoria Chick, xv -- Part I. Money and credit in less-developed countries -- 1. Interest rate policy, growth and distribution in an open less-developed economy: a theoretical analysis / Amitava Krishna Dutt, 3 -- 2. Hamlet without the prince: structural adjustment, firm behaviour and private investment in semi-industrialized economies / E.V.K. FitzGerald, 27 -- 3. Saving, financial markets and economic development: theory and lessons from Brazil / Rogério Studart, 46 -- 4. The stock market, economic efficiency and industrial Development / Ajit Singh, 71 -- 5. UK lending to the third world from the 1973 oil shock to the 1980s debt crisis: on financial 'manias, panics and (near) crashes' / Gabriel Palma, 113 -- Part II. Money and structural change in Europe: East and west -- 6. Privatization, financial intermediation and the banking system in transition economies / Roberto Tamborini and Ferdinando Targetti, 149 -- 7. A financial structure for developing market mechanisms in Eastern Europe / J.A. Kregel, 168 -- 8. Divergent innovation and inflation as obstacles to European monetary integration / Andrew Tylecote, 180 -- 9. A European central bank: a necessary evil? / Philip Arestis and Keith Bain, 207 -- 10. The prospects for European economic integration: macroeconomics, development models and growth / John Grahl and Grahame Thompson, 227 -- 11. A post-Keynesian perspective on monetary union and the European Central Bank / Jesper Jespersen, 249 -- 12. The EMS and the Bundesbank in Europe / Joseph Halevi, 263 -- Name index, 293 -- Subject index, 297.