The paper contributes to the recent growth models debate through a cross-country analysis
of growth drivers before and after the 2008 Global Financial Crisis (GFC). It argues that the …

There is considerable controversy over why sluggish economic growth persists across many
advanced economies six years after the onset of the financial crisis. Theories include a …

This paper uses a combination of growth accounting and regression analysis to examine
economic growth experiences of 88 developing and industrial economies over the period …

Historically, the development of the financial sector has been an indispensable driver of
economic growth. In the aftermath of the Great Recession, there is a pressing need to …

Financial factors have been assigned strategic importance in economic development. But
very different factors have been isolated in the respective experiences: in Asia unrepressed …

Purpose Using annual data from 1970 to 2013 for China and India, this paper aims to
examine the impact of globalization and financial development on economic growth by …

Much of the new growth literature stresses country characteristics, such as education levels
or political stability, as the dominant determinant of growth. However, growth rates are highly …

This study tests for convergence in financial development and economic growth by
incorporating the interaction between the real and financial sectors into an otherwise …

We argue that an understanding of the political drivers of economic growth needs an
explanation of the political dynamics around the transition from one growth phase to …

There is no agreement regarding the growth-enhancing effects of financial liberalization,
mainly because it is associated with risky international bank flows, lending booms, and …