Financial Development and Economic Growth: Experiences of Selected Developing Economies

Article OPEN
Ahmed, Syed; Horner, James; Rafiq, Rafiqul Bhuyan;
(2008)
  • Subject: financial liberalization, financial deepening, financial development ratios, economic growth, per capita GDP, Financial Economics, International Development,

The last two decades of the twentieth century witnessed a series of financial reforms in emerging economics of Asia, Africa and Latin America. The seminal works of R.I. McKinnon and E.S. Shaw, which attribute the slow growth of these economies to financial repression, i... View more
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