KBA Workshop - Euromoney Conferences
KBA Workshop - Euromoney Conferences
KBA Workshop - Euromoney Conferences
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How does the “supply leading”<br />
hypothesis work?<br />
Both the quantity and quality of<br />
investment are enhanced as a result of<br />
financial development whereby household<br />
real supply of funding increases and<br />
holdings of unproductive tangible<br />
decreases.<br />
Technological innovations as promoted by<br />
financial deepening makes financial<br />
institutions more productive, with a<br />
positive effect on economic growth.