economic growth. We use different empirical approaches to show that there can indeed be ""too much"" finance. In particular …, our results suggest that finance starts having a negative effect on output growth when credit to the private sector …

economies, assesses whether advances in integration have had a significant positive impact on countries' risk-adjusted growth … opportunities, and identifies some of the channels through which financial integration may foster growth. Three main results obtain …

of selected spreads and proxy measures of countries' growth opportunities. Three main results obtain. First, there is …

assesses how financial development can boost growth in the CCA. Drawing on IMF's multidimensional index of financial … LIC peers. Financial institutions have progressed the most, while financial markets remain underdevelped in most CCA … fluctuated over time. Standard growth regressions suggest that CCA countries with relatively lower level of financial development …