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| | | Titre | Financial Sector Development in the IGAD Region | | Auteur | Abdi, Ali I. ; Aragie, Emerta | | Thème | Financial Sector Development | | Date de publication | 2012 | | Éditeur | The Horn Economic and Social Policy Institute (HESPI) | | Nombre de pages | 39 pages | | Langue | English | | Couverture géographique | Ethiopia | | Mots clés | Financial Development and Growth, Monetary Policy, Banks and Banking, Regional Integration, IGAD, RECs, Horn of Africa | | Résumé | Financial development and domestic capital formation are principal driving forces behind any country’s sustainable growth, and effective financial institutions are important facilitators. Financial institutions are the key channel between savings and investment, and their efficiency is a key determinant of a country’s economic growth. This strong positive relation between financial sector development and economic growth has been supported by theoretical and empirical studies. The countries with advanced economies exhibit well developed and mature financial systems and dual causality is postulated in economic literature. | | Détenteur du copyright | The Horn Economic and Social Policy Institute (HESPI) | | Copyright URL | http://www.hespi.org | | Taille du fichier | 1035103 MB | | Format du fichier | PDF | | [ Voir/télécharger document ] |
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