The significance of natural resources in facilitating financial activity is crucial in achieving a nation's sustainable economic advancement. This research directed to investigate the consequences of economic growth, rents of natural resources, and capitalization on financial development within...

This paper assesses the relationship between carbon emissions, economic growth and, energy consumption, in USA and China from the perspective of Granger causality, in a multivariate framework controlling for financial development, urbanization, and trade openness. Econometric techniques employed...

Overview: Financialization as financial neoliberalism -- Financialization: what it is and why it matters -- The macroeconomics of financialization: stages of development approach -- The simple analytics of debt-driven business cycles -- Deflation and inflation dynamics with debt -- Herd...

Financialization is a process whereby financial markets, financial institutions, and financial elites gain greater influence over economic policy and economic outcomes. Financialization transforms the functioning of economic systems at both the macro and micro levels. Its principal impacts are...