This document provides empirical evidence about the role of the financial system on the growth of developing economies … financial development and economic growth was found. The estimates suggest that the financial system contributes to increase … economic growth by improving investment allocation. Therefore, a properly functioning financial system is a necessary but not a …

This paper provides empirical evidence on the impact of deposit insurance on the growth of bank intermediation in the … have a negative impact on the long-run growth and stability of bank intermediation, except in countries where the rule of … law is well established and bank supervisors are granted sufficient discretion and independence from legal reprisals …

Using unique, district-level, economic growth data, I investigate the connection between banking sector development …, human capital, and economic growth in Indian districts. Disaggregate data helps avoid many of the omitted variable problems … percentile of credit/net domestic product to the 25th percentile implies an average loss of 4% in growth over the 1990s decade …

development) on economic growth, capital growth and productivity growth for different regions. Estimations are conducted with a … financial development and economic growth. We consider four geographical regions, Latin Amerca, Europe and North America, Asia … , suggest a significant effect of financial development in economic growth for the entire panel (for the measue of Liquid …

economic development and growth. The financial system, however, is also subject to boom and bust cycles and fragility, with … related strands of literature – the finance and growth literature, the literature on financial fragility, and the politics and …

funds, and, presumably, capital investment decisions and economic growth …