This paper investigates the causal relationship between financial development and economic growth in Libya during the … long-run relationship between financial intermediation and nonhydrocarbon output growth. The OLS estimation shows that … financial development has a statistically significant negative effect on real nonhydrocarbon GDP per capita growth. However, the …

A large theoretical and empirical literature has focused on the impact of financial deepening on economic growth … estimation results suggest that the beneficial effect of financial deepening on economic growth in fact displays measurable …

patterns of credit growth in 18 countries in Latin America and uses econometric methods to determine whether it is indicative … of financial deepening or poses risks of credit booms. The strongest credit growth occurred for consumption and mortgages … most countries and there are some signs of maturity lengthening. To assess whether the recent credit growth is excessive …

The need to revive Euro area growth highlights the importance of the evolution of domestic and external demand in the …

The small states of the Asia and Pacific region face unique challenges in raising their growth potential and living … often face more limited policy tools, policies do matter and can further help build resilience and raise potential growth … improve the composition of public spending in order to foster inclusive growth. Regional solutions should also continue to be …

become a main engine of growth in the United States, we find that U.S. manufacturing exports could provide nonnegligible … growth opportunities going forward. …

The inefficiency of the Italian judicial system has contributed to reduced investments, slow growth and a difficult …