Financial markets: an engine for economic growth
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.
File(s): File format is application/pdf https://www.stlouisfed.org/~/media/Files/PDFs/publications/pub_assets/pdf/re/2013/c/financial_markets.pdf
Provider: Federal Reserve Bank of St. Louis
Part of Series: The Regional Economist
Publication Date: 2013