Financial Development and Economic Growth: Global and African Evidence
(2012)
Journal Article
Murinde, V. (2012). Financial Development and Economic Growth: Global and African Evidence. Journal of African Economies, 21(suppl 1), i10-i56. https://doi.org/10.1093/jae/ejr042
This paper aims to survey existing research on financial development and economic growth, highlighting the theoretical models and evidence from recent empirical work. Emphasis is placed on the flow-of-funds story (finance matters for economic growth)... Read More about Financial Development and Economic Growth: Global and African Evidence.