The relationship between financial development and economic growth – Complete Phd and Masters Thesis

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Introduction:

The relationship between financial development and economic growth has been a topic of great interest and debate among economists and policymakers. The financial sector plays a crucial role in allocating resources, mobilizing savings, and facilitating investment, all of which are essential for economic growth. As such, understanding the linkages between financial development and economic growth is important for policymakers seeking to promote sustainable economic development.

This thesis aims to explore the relationship between financial development and economic growth. It will examine the various theoretical and empirical studies that have been conducted on this topic, with a focus on developing countries. By analyzing the existing literature and conducting empirical research, this study seeks to contribute to the existing body of knowledge on the topic and provide insights for policymakers.

Table of Contents:

Chapter 1: Introduction
1.1 Introduction
1.2 Background of study
1.3 Problem Statement
1.4 Objective of study
1.5 Limitation of study
1.6 Scope of study
1.7 Significance of study
1.8 Structure of the Thesis
1.9 Definition of terms

Chapter 2: Literature Review
2.1 Theoretical framework of financial development and economic growth
2.2 Empirical studies on the relationship between financial development and economic growth
2.3 Financial intermediation and economic growth
2.4 Financial markets and economic growth
2.5 Financial inclusion and economic growth
2.6 Financial regulation and economic growth
2.7 Financial innovation and economic growth
2.8 Foreign direct investment and economic growth
2.9 Financial development and income inequality
2.10 Summary of literature review

Chapter 3: Research Methodology
3.1 Research design
3.2 Data collection
3.3 Variables and measures
3.4 Model specification
3.5 Empirical strategy
3.6 Data analysis techniques
3.7 Limitations of research methodology
3.8 Ethical considerations

Chapter 4: Discussion of Findings
4.1 Descriptive statistics
4.2 Correlation analysis
4.3 Regression results
4.4 Robustness checks
4.5 Discussion of findings
4.6 Implications for policymakers
4.7 Suggestions for future research

Chapter 5: Conclusion and Summary
5.1 Summary of findings
5.2 Contributions to the literature
5.3 Policy implications
5.4 Limitations of the study
5.5 Recommendations for future research

Overall, this thesis will provide a comprehensive analysis of the relationship between financial development and economic growth, with a focus on developing countries. The findings of this study will help policymakers in formulating appropriate policies to promote financial development and sustainable economic growth.

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