توسعه مالي و رشد اقتصادي در ايران

Financial Development & Economic Growth in Iran

The effects of financial development on the economic growth is one of the most important economic issues which has attracted a great deal of discussions and arguments. Some of the economists believe that through saving and investment level increament, economic development can pave the way for an appropriate ground for economic growth and another group of economists emphasize on the transfer of financial development effects on economic growth through its effects on utilization of resources and capital effeciency. The present study pays a close attention to the financial development effects on the economic growth in Iran. In this direction the period between 1338-1381 has been considered. From among different financial development indexes, credit ratio index given to the private sectors to the G.D.P by commercial and specialized banks is of the great importance which has been studied, too.