Assessment of the Nature of the Relationship between Energy Investment and Finance
Multidimensional Strategic Outlook on Global Competitive Energy Economics and Finance
ISBN: 978-1-80117-899-0, eISBN: 978-1-80117-898-3
Publication date: 18 February 2022
The different methods were used to measure the impact of financial development on economic growth. This is largely due to a certain set of factors that have the influence of their relationship. First of all, based on the research results, several groups of factors are identified that determine the nonlinear interaction of the financial sector and economic growth. This is characterized by the fact that at different values of these indicators, financial development has an ambiguous impact on economic growth. There are several such groups in total. The first ones are usually institutional factors, indicators that characterize the legal system and the level of development of social institutions. In the absence of a sufficient level of legal framework, financial markets will be unstable, which will undermine the demand for financial sector services. Countries with a high level of development of legal institutions have a guarantee for economic entities in the stable development of economic relations.
Sial, M.S. (2022), "Assessment of the Nature of the Relationship between Energy Investment and Finance", Dinçer, H. and Yüksel, S. (Ed.) Multidimensional Strategic Outlook on Global Competitive Energy Economics and Finance, Emerald Publishing Limited, Bingley, pp. 127-140. https://doi.org/10.1108/978-1-80117-898-320221013
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Copyright © 2022 Muhammad Safdar Sial. Published under exclusive licence by Emerald Publishing Limited