FINANCIAL DEVELOPMENT AND ECONOMIC GROWTH: A CRITICAL REVIEW
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
Institutions
- University of Peshawar (PK)
- Institute of Management Sciences Peshawar (PK)
Publication Details
- Journal
- Zenodo (CERN European Organization for Nuclear Research)
- Published
- 2024-12-06
- DOI
- https://doi.org/10.5281/zenodo.14289222
- Primary Topic
- Firm Innovation and Growth
- Type
- article
- Field-Weighted Citation Impact
- 0.00