Volume 24, Issue 4, November 2018, Pages 1475–1480
ABDERRAZAK ELKILALI1, LATIFA LANKAOUI2, and CHEGRI BADREDDINE3
1 Department of Economics and Management Sciences, Faculty of Law and Economics, Mohammed V University, Rabat, Morocco
2 Department of Economics and Management Sciences, Faculty of Law and Economics, Mohammed V University, Rabat, Morocco
3 Department of Economics and Management Sciences, Faculty of Law and Economics, Mohammed V University, Rabat, Morocco
Original language: English
Copyright © 2018 ISSR Journals. This is an open access article distributed under the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
A large body of evidence supports the hypothesis that financial development is a transmission channel of the financial integration-economic growth nexus. While less is known about the impact of financial integration on economic growth. My paper analyzes the analytical framework among financial integration, financial development and economic growth in Morocco as well as the transmission channels between the development of financial markets and economic growth on one side and on the other side between financial integration and economic growth.
Author Keywords: Financial development, financial system, bank based financial development, Market based financial development, financial integration, saving-investment nexus.
ABDERRAZAK ELKILALI1, LATIFA LANKAOUI2, and CHEGRI BADREDDINE3
1 Department of Economics and Management Sciences, Faculty of Law and Economics, Mohammed V University, Rabat, Morocco
2 Department of Economics and Management Sciences, Faculty of Law and Economics, Mohammed V University, Rabat, Morocco
3 Department of Economics and Management Sciences, Faculty of Law and Economics, Mohammed V University, Rabat, Morocco
Original language: English
Copyright © 2018 ISSR Journals. This is an open access article distributed under the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
Abstract
A large body of evidence supports the hypothesis that financial development is a transmission channel of the financial integration-economic growth nexus. While less is known about the impact of financial integration on economic growth. My paper analyzes the analytical framework among financial integration, financial development and economic growth in Morocco as well as the transmission channels between the development of financial markets and economic growth on one side and on the other side between financial integration and economic growth.
Author Keywords: Financial development, financial system, bank based financial development, Market based financial development, financial integration, saving-investment nexus.
How to Cite this Article
ABDERRAZAK ELKILALI, LATIFA LANKAOUI, and CHEGRI BADREDDINE, “THE FINANCIAL SYSTEM AND ECONOMIC GROWTH IN MOROCCO THROUGH THE LENS OF FINANCIAL INTEGRATION : THEORETICAL DEBATE,” International Journal of Innovation and Applied Studies, vol. 24, no. 4, pp. 1475–1480, November 2018.
