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| Topic: |
Business
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| Number of pages / Number of words: |
5 / 1133 |
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The article examined why a positive banking development would cause an unfavorable effect on economic growth. Levine (2002) pointed out three reasons to why banking development would cause a negative impact on economic growth.
Banks involved with intermediaries with a huge influence over firms, and this may cause a negative influence over firms...
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Levine (2002) pointed out three reasons to why banking development would cause a negative impact on economic growth.
Banks involved with intermediaries with a huge influence over firms, and this may cause a negative influence over firms.
Banks have an inherent bias toward prudence, so their banking development may impede corporate innovation and growth...
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