Conclusion and Recommendations

Conclusion and Recommendations

ISBN13: 9781466660182|ISBN10: 146666018X|EISBN13: 9781466660199
DOI: 10.4018/978-1-4666-6018-2.ch009
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MLA

Taha Chaiechi. "Conclusion and Recommendations." Post-Keynesian Empirical Research and the Debate on Financial Market Development, IGI Global, 2014, pp.226-238. https://doi.org/10.4018/978-1-4666-6018-2.ch009

APA

T. Chaiechi (2014). Conclusion and Recommendations. IGI Global. https://doi.org/10.4018/978-1-4666-6018-2.ch009

Chicago

Taha Chaiechi. "Conclusion and Recommendations." In Post-Keynesian Empirical Research and the Debate on Financial Market Development. Hershey, PA: IGI Global, 2014. https://doi.org/10.4018/978-1-4666-6018-2.ch009

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Abstract

This book started with a brief review of different outlooks on the role of financial sector development in the process of economic growth. Then it highlighted the fact that recent studies, particularly those originating from modern growth theory, suggest that financial intermediation affects growth through various channels. To test this proposition, an empirical model was built, data were obtained, empirical tests were carried out, and results were discussed. The final chapter in this book, therefore, summarises key research findings and discusses the potential channels through which financial sector development affects the economic growth process. The chapter further highlights contributions of this research to growth studies, discusses policy implications arising from the findings of this research, and provides directions for future research and analysis.

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