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This paper has tested whether bank-based financial development and market-based financial development are complements of, or substitutes for, one another in enhancing economic growth in the usa, Brazil and Kenya during the period from1980 to 2012. These three countries represent amodest...
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aim of the study is to investigate the causal relationship between financial sector reforms and economic growth in Nigeria … reforms in Nigeria promote growth. To establish this, financial sector reforms is measured with the ratio of banking sector … economic growth in Nigeria …
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