In the context of wide regional disparities emerging in the process of development, the banks have an additional responsibility in India. That responsibility is to enter the under developed regions and to mobilize and channelize resources into local economic activities such that local...

This paper investigates the impacts of Naira real exchange rate misalignment on Nigeria's economic growth using quarterly data spanning the period 2000- 2014. We derive estimates of Real Exchange Rate Misalignment (RERMIS) by computing deviations of the actual real exchange rate from a...

This is a conceptual paper. The author contends that business model evolves out of economic and political philosophy prevailing in the contemporary times. This paper presents a summary of evolution of the present business model based on the economic and political ideologies, identifies the...

The U.S. economy has experienced a rapid expansion in industries with low productivity growth. In this paper, we investigate whether financial development improves productivity growth in these industries. Testing reveals that stagnant industries experience remarkable post-deregulation...

This study analyses the achievement of 32 Indian states and union territories in the inclusiveness of financial system, their relative position, major emerging trends and computes the rate of growth during a period of 2000-01 to 2016-17. The level of inclusion is determined using technique of...

Empirical work on the quantity theory of money (QTM) has involved regressions based on the equation of exchange (EE). For the EE to be more than a definitional identity, an assumption must be made regarding its parameter, either Fisher's velocity 'v', or its inverse, the Cambridge 'k'. The...

FDIs have also entailed a series of political implications in addition to the economic effects, especially in the context of the accession of Central and Eastern European countries to the European Union.According to the specialists, for a given country, intense growth periods are characterized...

FDIs have also entailed a series of political implications in addition to the economic effects, especially in the context of the accession of Central and Eastern European countries to the European Union.According to the specialists, for a given country, intense growth periods are characterized...

The purpose of this paper is to develop an analytical framework for discussing the link between financial systems and economic growth. Financial systems help overcome an information asymmetry between borrowers and lenders. If they do not function well, economic growth will be negatively...