"Financial development is the most important factor for economic growth". Defend this statement. (provide source) 

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. (Provide Source) 

3. Discuss how patterns of financial development (or the financial structure/composition) change as countries develop and how it differ across countries. (Provide source) 

Answer rating: 100% (QA)

The statement Financial development is the most important factor for economic growth is a widely debated topic in economics While financial development is indeed crucial for economic growth its essent... View the full answer