KPODAR, Kangni; JEANNENEY, Sylviane GUILLAUMONT - Centre d'Études et de Recherches sur le Développement … - 2004
This paper tries to take into account two points of view of the litterature, the first one shows that financial development has positive effect on economic growth, and the second one stresses on the unfavourable effect of financial crisis. Our main assumption is that financial instability is...