Download or read book Reassessing Growth Impact of Financial Deepening in Emerging Economies written by Ogbodo Charles and published by . This book was released on 2016 with total page 7 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper reassesses the relationship between financial deepening and economic growth in Nigeria using distributed lag model and causality analysis. It presents two important conclusions. First, financial deepening in Nigeria may not necessarily impact growth; and when it does, its impact may be negative. Second, financial sector in Nigeria seems not to have been positioned enough as policy instrument for achieving economic growth. To further understand the relationship between financial deepening and economic growth in Nigeria for proper policy recommendations, this paper suggests two important areas for more studies - optimization of Nigerian financial sector size for economic growth, and factors militating against expected growth impact of financial deepening in Nigeria.