December 2023

What is Financial Markets in the Economy Role-Frequently Asked Questions-Role of Financial Markets in the Economy

Role of Financial Markets in the Economy

The financial system comprises markets, tools, and institutions, often simply referred to as ‘the financial system. Today, let’s discuss how the banking system structure impacts economic growth. In this particular situation, I think the answer is “yes.” A country’s financial system influences its economic growth rate through international comparisons and sector-specific studies on sector and

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