Why is a countrys financial system important for long-run economic growth?

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Why is a country’s financial system important for long-run economic growth?

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Economics

ISBN: 9780135957554

8th Edition

Authors: Glenn Hubbard, Anthony Patrick O Brien

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Question Posted: Oct 12, 2023 04:15 AM

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Why is a countrys financial system important for long-run economic growth?

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A countrys financial system plays a crucial role in promoting longrun economic growth for several reasons Capital Formation Financial institutions such as banks and capital markets mobilize savings fr...View the full answer

Economics

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