Fukuda, Takashi; Dahalan, Jauhari - In: International journal of economic sciences and applied … 5 (2012) 2, pp. 69-100
This paper examines the causal relationship between financial development, economic growth and financial crisis in the … Asian 1997 crisis). The summary indicators of financial development, financial crisis and financial repression are … direction of the finance-growth nexus is country-specific; (2) deeper financial development can lead to financial crisis; and (3 …