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bank-efficiency and financial inclusion among the frontier and fragile groups, respectively. Results from both the dynamic … the long-run through Fintech adoption. The study recommends the collaboration of Fintech with banks, improved bank …
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Joseph A. Schumpeter is one of the most famous economists of the 20th century and the ’patron saint’ of the finance and growth literature. We have discovered that the prevailing literature has, however, misinterpreted Schumpeter, which leads to puzzling empirical results and difficulties in...
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that drives the bank-related and stock exchange-based financial sectors in the short run. Stock exchange-based financial … development drives bank-related financial development and savings in both the short run and the long run. While, savings are found …. Further, only bank-related financial development is found to Granger-cause economic growth in Botswana. …
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This study discusses the current state of knowledge on the financial development and economic growth by reviewing the most decisive theoretical and empirical contributions. It is obvious that financial development is at least correlated with economic development and that a sound and refined...
Persistent link: https://www.econbiz.de/10012907618
The finance sector is the lifeblood of any economy and its smooth functioning is central to rapid and inclusive economic growth. A well-functioning financial system must intermediate efficiently between savers and borrowers; manage risks prudently; provide a wide variety of financial services to...
Persistent link: https://www.econbiz.de/10013016131