The roles played by the financial sector and of information and communication technology
(ICT) in economic growth are well established in the literature. With increasing development …

Empirically we investigate how three types of private capital flows could promote economic
growth in recipient developed and developing countries. Our focus is on the role of stock …

Recent empirical work on financial structure and economic growth analyzes multi-country
dataset in panel and/or cross-section frameworks and concludes that financial structure is …

This paper studies the impact of financial structure on energy conservation and emission
reduction by using Chinese provincial data from 2000 to 2017. We find that the market …

This paper analyses the role of financial development and financial technology in driving
inequality in (returns to) wealth. Using micro data from the Survey on Household Income and …

In this paper, we investigate the root cause for large MSMEs finance gap. We advance five
propositions for the mechanism through which the distorted financial structure generated by …

The evolution of financial structure is not only a persistent issue but also a key factor
affecting the financial risk. Concerns over the financial structure evolution and risk …

Although the carbon reduction role of green finance has been highlighted in the context of
global warming, discussions on green finance have primarily focused on size rather than …

The liberalization of India's economy since 1991 has brought with it considerable
development of its financial markets and supporting legal institutions. An influential body of …

Banking has grown too much in Europe-in three senses. First, the European banking system
has reached a size where its contribution to real economic growth is likely to be nil or …