| AUTHOR | Joseph E. Stiglitz |
| ORGANIZATION | Oxford Review of Economic Policy |
| TYPE | Journal Article |
| DATE | 1989 |
| TOPIC | Child poverty and disparities |
| LANGUAGE | English |
Earlier literature on the development process stressed the importance of capital accumulation and the role of financial institutions in that process. This paper stresses the importance of the processes and institutions by which capital is allocated and the resulting uses to which it is put.