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Financial Development and Economic Growth: a Critical Review

Year: 2024

Type: article

Abstract: This paper presents an overview of the theoretical and related empirical literature on the association between financial system development and economic growth. It describes the role of financial system development in economic growth at the macro level, both theoretically and empirically. It also describes briefly the relationship of corporate finance and firm performance. It finally concludes the review and presents some policy implications in view of the reviewed literature

Source: Zenodo (CERN European Organization for Nuclear Research)

DOI: 10.5281/zenodo.14289221

Authors: Syed, Hamid Ali Shah, Attaullah, Shah

Institutions: University of Peshawar, Institute of Management Sciences Peshawar

Language: English

Topic: Monetary Policy and Economic Impact

Subfield: General Economics, Econometrics and Finance

Field: Economics, Econometrics and Finance

Domain: Social Sciences

Open Access status: green

OpenAlex ID: W6949308259

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