Jose Miguel Artiles Caballos - Role of financial intermediaries in economic development

Bandeniaformulacapit19 Aug, 2021Finance

Jose Miguel Artiles Caballos explains the role of financial intermediation in economic growth has been widely recognized in theoretical and empirical research. Finance can stimulate the main drivers of growth such as capital and total factor productivity. Financial intermediaries decrease transaction costs of capital accumulation and encourage savings. Visit the link to know more!