The relationship between financial development and economic growth in emerging markets = Gelişen piyasalarda finansal gelişme ve ekonomik büyüme arasındaki ilişki

Ercan EKMEKÇİOĞLU

With the negative impacts of the recent global financial crisis, several countries are still experiencing a slow pace in their rate of economic recovery. This trend has been consistent since the first quarter of 2009, taking into consideration that financial systems were the most affected. In addition, economic recovery has been fragile due to several reasons. For instance, there have been increased uncertainties on the performance and sustainability of the U.S. economy. Moreover, different country groups have had divergent economic performance which limit of a consistent economic growth. As t ...Более