endogenously generated by the established OTD (Originate-To-Distribute) model within the new finance-growth paradigm. Good finance … fosters the correct allocation of financial resources, the fair redistribution of wealth and positive economic growth (the … financial system with the ability to create money ex nihilo, over time it drags the economy down to recession or negative growth …

This study examined the implication of financial innovation on financial depth and economic growth in Kenya using … further reveal a significant positive impact of financial depth on economic growth consistent with the supply-leading finance …