Extensive literature has been written about the relationship between financial development and economic growth. Schumpeterians advocate for the positive spillovers of financial services in an economy. This work tries to analyze the causality of this connection in the context of developing...

The employment of financial development indicators without due consideration to country/regional specific financial development realities remains an issue of substantial policy relevance. Financial depth in the perspective of money supply is not equal to liquid liabilities in every development...

As by product of economic growth, jobs are indeed transformational. In other words, efficiency increases as workers get better at what they do (as more productive jobs appear and less productive ones disappear). In fact societies flourish as jobs bring together people from different ethnic and...

This study investigates the role of information and communication technology (ICT) on income inequality through financial development dynamics of depth (money supply and liquid liabilities), efficiency (at banking and financial system levels), activity (from banking and financial system...