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Récents développements de la littérature sur la finance et la croissance économique

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  • Jude C. Eggoh

Abstract

This paper summarizes some recent contributions on the relationship between financial development and economic growth. The theoretical models show that financial development affects growth through risk diversification, intermediation improvement and reduction of information asymmetry. The empirical estimations confirm the overall theoretical results and suggest that economic growth is positively linked to financial development.

Suggested Citation

  • Jude C. Eggoh, 2011. "Récents développements de la littérature sur la finance et la croissance économique," Mondes en développement, De Boeck Université, vol. 0(3), pages 141-150.
  • Handle: RePEc:cai:meddbu:med_155_0141
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    References listed on IDEAS

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    Keywords

    financial development; economic growth;

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