The role of financial sector development in economic growth : case study of Botswana

The relationship between financial development and economic growth has received a lot of attention in economic literature. Most of the findings indicate a positive impact of financial development on economic growth. Despite its under developed financial sector since independence, Botswana has been experiencing a steady economic growth. This has been mainly attributed to mineral deposits which may not be sustainable in the long run. As is Government policy to diversify the economy away from mining, this paper analyses the contribution of financial sector development to economic growth in Botswana using econometric techniques such as the cointegration vector autoregression approach.

Grantor dc:publisher.institution

School of Economics

Year dc:date.issued

2005

Author dc:creator

• Siane, Lucia

Advisor dc:contributor.advisor

• Muradzikwa, Sam

Language dc:language.iso

eng

Handle dc:identifier.uri

http://hdl.handle.net/11427/5694

OAI identifier oai:identifier

oai:open.uct.ac.za:11427/5694