in the past few decades, capitalist economic system has witnessed different financial crises the most important of which is the 2008 financial crisis. the crisis had different causes that the main causes are innovations and financial assets without actual backing (real underlying asset) and their developing by financial institutions. namely, financial institutions, especially banks, developed t...

This study examines the relationship between financial development indicators and human in Nigeria from 1990-2019. It investigates effect of broad money supply/Gross Domestic Product (GDP) on Human development; it impact credit supply/GDP assesses link market capitalization development. The employs expo-facto research design Autoregressive Distributed Lag to examine Financial Development Develo...

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in the recent economic literature, an important finding is the causal relationship between financial development and economic growth. before the 1970s, the most of economists believed that economic growth could be reached only by accumulation of physical capital. in the 1970s and after the pioneering works of mckinon (1973) and shaw (1973), this orthodox view was criticized by a vast amount of ...