1. "Financial development is the most important factor for economic growth". Defend this statement. 2. Discuss the cross

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1 Financial Development Is The Most Important Factor For Economic Growth Defend This Statement 2 Discuss The Cross 1 (40.59 KiB) Viewed 27 times

1. "Financial development is the most important factor for economic growth". Defend this statement. 2. Discuss the cross-country evidence of financial development/structure in relation to economic growth for each of the following pairwise countries and provide valuable lessons learnt. a) Mexico versus Brazil b) German versus U.K. c) German versus U.S. d) Japan versus U.S. 3. Discuss how patterns of financial development (or the financial structure/composition) change as countries develop and how it differ across countries. 4. As an economic/financial expert you are tasked to advise whether financial development can play a role in your country's economic growth. Write a detailed report discussing the role of financial development in economic growth and draw examples or lessons learnt from cross-country differences.