growth, may operate through a country’s financial system. Scholars show that resource-abundant economies suffer from lower … financial system’s size due to volatility and the associated high real interest rates. The paper shows empirically that export …

economic growth. It starts with the pioneers in this field and then classifies two main schools favouring liberal financial … literature on financial development and endogenous growth pushed the discussion back into the direction initially advocated by … financial development and economic growth. The evidence suggests, however, enormous heterogeneity across countries, regions …

This study examines the causal relationship between economic growth and financial development in Poland on the basis of … growth and from economic growth to banking sector development. This implies that the direction of the causality strongly … economic growth than before the crisis. On the other hand, the positive causal impact of the performance of the WSE on economic …

development and reduces poverty. However, there are economists who find financial development to be the result of economic growth …. This study examines causal relationship between economic growth and financial development in Poland on the basis of …–oriented approaches. The results suggest causality running from the development of the stock market to economic growth and from economic …

the context of Africa since export diversification away from resources and agriculture is an important part of Africa …’s growth strategy. Our results show that in eleven countries financial development causes manufactured exports and manufactured …

This paper seeks to add to the current debate about financial development and growth in the emerging world by looking … structures may be better suited to growth at certain stages of development but they may be less well suited in other …

relationship between financial development and economic growth. A specific question that is addressed in this paper is what the …, whereas there are two in Japan. Earlier studies support the view that financial development may promote economic growth … inflation. In addition, the threshold level of inflation below which financial development significantly promotes growth is …

Using a Vector Autoregression (VAR) approach, we examine the impact of financial development on economic growth in … development comes as the second force (after the contribution from labor input) in leading economic growth in China. This study … has supported the view in the literature that financial development and economic growth exhibit a two-way causality and …

The causality relationship between financial development and economic growth is one of the highly discussed and … economic growth is searched for Turkey. Quarterly data of 1990:I-2011:IV period are used in this study. As a result of the … growth in Turkey. This result shows that supply leading hypothesis on the literature of financial development-economic growth …