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Financial Development and Economic Growth

Financial Development and Economic Growth

Dimitrios Nikolaou Koumparoulis
Copyright: © 2015 |Pages: 14
ISBN13: 9781466674707|ISBN10: 1466674709|EISBN13: 9781466674714
DOI: 10.4018/978-1-4666-7470-7.ch003
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MLA

Koumparoulis, Dimitrios Nikolaou. "Financial Development and Economic Growth." Strategic Infrastructure Development for Economic Growth and Social Change, edited by Nilanjan Ray, et al., IGI Global, 2015, pp. 24-37. https://doi.org/10.4018/978-1-4666-7470-7.ch003

APA

Koumparoulis, D. N. (2015). Financial Development and Economic Growth. In N. Ray, D. Das, S. Chaudhuri, & A. Ghosh (Eds.), Strategic Infrastructure Development for Economic Growth and Social Change (pp. 24-37). IGI Global. https://doi.org/10.4018/978-1-4666-7470-7.ch003

Chicago

Koumparoulis, Dimitrios Nikolaou. "Financial Development and Economic Growth." In Strategic Infrastructure Development for Economic Growth and Social Change, edited by Nilanjan Ray, et al., 24-37. Hershey, PA: IGI Global, 2015. https://doi.org/10.4018/978-1-4666-7470-7.ch003

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Abstract

In this chapter, the author examines the relationship between financial development and economic growth. In the first three sections of the chapter, they present the expansionary policies in the developed countries that led to increased capital flows in the last decades. Such an analysis was done through a thorough review of both empirical and other critical studies from distinguished academics. In the final section, a new financial system at the service of society and development with a case study for Greece is illustrated.

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