Showing 1 - 10 of 9,021
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/10011281272
The paper attempts to test empirically the hypothesis of Finance-led growth in India. For this it traces the relationship between growth rate of GDP and the M3/GDP ratio, well researched indicator of Financial Deepening for the period of 39 years (i.e, 1971-2010) with the help of recently...
Persistent link: https://www.econbiz.de/10013058954
and analyze the link between bank balance sheets, credit growth, and long-term growth using bank-level panel regressions …
Persistent link: https://www.econbiz.de/10013404160
rate of growth of capital asset or income whether source of borrowing is bank or money lender. This is then formalized in a …
Persistent link: https://www.econbiz.de/10011952114
This paper examines digital finance usage in the UK, US, India and Nigeria. Using data from the global financial … development indicators, the findings reveal that the UK and US have higher digital finance usage than India and Nigeria. The US … has higher credit card usage compared to the UK while the UK has higher debit card usage compared to the US. Also, Nigeria …
Persistent link: https://www.econbiz.de/10012509977
This paper while emphasising the importance of the concept of financial stability in wake of recent global financial crisis in particular and other (banking and financial) crises in general attempts to highlight the significance of the soundness of banking sector in emerging economies where...
Persistent link: https://www.econbiz.de/10013106501
Recent key challenges highlight the need to revisit Asia's financial development. These include the region's growth slowdown since the global crisis, compounded by a less benign external environment; internal structural challenges, such as population aging; and the maturing of much of the region...
Persistent link: https://www.econbiz.de/10011305285
In the light of the recent observation that the relationship between financial development and economic growth is one of non-linear and limitations of granger test, this paper re-examined relationship in the framework of non-linear Granger causality employing (Diks and Panchenko in Stud...
Persistent link: https://www.econbiz.de/10013005027
This paper examines the causal relationship between financial development, economic growth and financial crisis in the five Asian emerging economies (India, Indonesia, South Korea, Malaysia and Thailand) during the period 1982 to 2007. All of these countries are known as emerging economies with...
Persistent link: https://www.econbiz.de/10009632668
successfully as implemented by Brazil. Financial inclusion has been accorded high importance by the Reserve Bank to aid the …
Persistent link: https://www.econbiz.de/10012861807