One of the main goals of a country is to achieve economic growth. This has led many researchers to understand and determine the factors that boost economic growth. The relationship between these two still remains to be unanswered. It has been discussed in many kinds of research that the...

The paper studies Egypt's financial structure and its relation to total factor productivity (TFP) during the 1974–2002 period. It first highlights Egypt's economic performance; and then focuses on the main features of its financial sector: the banking system and the securities market. The effect...

Recoveries vary considerably across countries: our paper compares recoveries in bank-based and market-based economies and finds that market-based economies experience significantly and durably stronger rebounds than the bank-based ones (in particular the more bank-based economies of continental...