Does financial development accelerate economic growth?

Purpose This study aims to empirically explore whether there is causality and in which direction, i.e. whether financial development generates economic growth or whether financial development merely follows economic growth in transition European countries, including Russian Federation and Turkey, du...

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Bibliographic Details
Published in:Journal of financial economic policy 2018-08, Vol.10 (3), p.426-435
Main Author: Fetai, Besnik Taip
Format: Article
Language:English
Online Access:Get full text
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