Develpmental Role of Banks and Financial Intermediaries

Abstract

Economists differ on their views regarding importance of financial system for economic growth. This paper presents a brief study of contribution of economists regarding the relationship between financial intermediation and economic growth. It has been found that when including the acquisition of commercial and technical knowledge in the production function to generate long-term growth endogenously, financial intermediation becomes important to economic growth.الوسطاء الماليون، المصارف، التنمية، النمو الاقتصادي، الفكر الاقتصادي