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Financial Development and Economic Growth: An Egg-and-Chicken Problem?

✍ Scribed by Jordan Z. Shan; Alan G. Morris; Fiona Sun

Book ID
108534601
Publisher
John Wiley and Sons
Year
2001
Tongue
English
Weight
72 KB
Volume
9
Category
Article
ISSN
0965-7576

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## Abstract The objective of this paper is to survey what is actually known about the finance–growth relationship based on theory and empirical work. We point out that traditional theoretical models linking financial development and economic growth do not pay sufficient attention to insights emergi