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The role of financial development in economic growth.

Authors :
Bloch, Harry
Tang, Sam Hak Kan
Source :
Progress in Development Studies. Jul2003, Vol. 3 Issue 3, p243-251. 9p.
Publication Year :
2003

Abstract

Discusses the role of financial development in economic growth. Empirical theory; Time-series and cross-country evidence; Correlation coefficients between private credit to gross domestic product (GDP) and GDP growth; Role played by the government and trade in financial development and economic growth.

Details

Language :
English
ISSN :
14649934
Volume :
3
Issue :
3
Database :
Academic Search Index
Journal :
Progress in Development Studies
Publication Type :
Academic Journal
Accession number :
9933227
Full Text :
https://doi.org/10.1191/1464993403ps063pr