Financial markets: an engine for economic growth

Yongseok Shin

The Regional Economist, 2013, issue July

Abstract: Do developed financial markets lead to economic growth or result from it? While some economists argue for the latter, the author maintains that financial markets?despite their shortcomings of late?are an essential ingredient for an economy to grow in the long run.

Keywords: Financial markets; Economic growth (search for similar items in EconPapers)
Date: 2013
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