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Financial deepening usually refers to the improvement or increase in the pool of financial services that are tailored to all the levels in the society. It also refers to the increase in the ratio of money supply to GDP/Other price index which ultimately postulates that the more liquid money is available in the economy,the more opportunities exist in that economy for continued and sustainable growth.It basically supports the view of: Development in Financial sectors leads to development of the economy as a whole.
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Increasing the amount of capital per worker is called what?
Capital deepening.
What is the process of increasing the amount of capital used per worker?
capital deepening novanet
How can a trade deficit actually increase the productivity of an economy?
by importing investment goods used for capital deepening
How can a trade deficit actually increase of productivity of an economy?
by importing investment goods used for capital deepening
How can trade deficit annually increase the productivity of an economy?
by importing investment goods used for capital deepening
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