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An article by Asst. Prof. Buket Kırcı Altınkeski, a faculty member in the Department of Economics at Haliç University Faculty of Business Administration, entitled “The Impact of Financial Development on Economic Growth: Policy Responses from OECD Countries” examining the relationship between financial development and economic growth, has been published in the Journal of Policy Modeling, a Q1-ranked journal.
The study examined the effects of financial development on economic growth using data from 28 OECD countries covering the period from 1995 to 2021. Analyses conducted using advanced econometric methods revealed that the impact of financial development on economic growth varies depending on countries’ growth performance and economic conditions. The findings showed that financial development has a positive effect on economic growth, particularly at lower levels of growth.
The study contributes to an understanding of the relationship between financial development and economic growth while providing a scientific basis for policy recommendations aimed at supporting sustainable growth and financial stability.
We congratulate our academician and wish her continued success.
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