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The present state of global scientific debate in the field of financial development

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  • Yuriy A. Danilov

Abstract

The article attempts to summarize the results of a global scientific discussion in the field of financial development. Four areas of research on financial development have been identified and analyzed, which seem to be the most noticeable and significant both for the global economic discussion and for Russian experts: the impact of financial development on economic growth; the problem of assessing financial development; financial inclusion; sustainable finance concept. It is noted that the last two areas are closely related to the concepts of socio-economic development, respectively, of inclusive growth (“growth for all”) and of sustainable development. The necessity of taking into account the latest achievements of the world scientific thought in the Russian state policy concerning the financial sector is substantiated.

Suggested Citation

  • Yuriy A. Danilov, 2019. "The present state of global scientific debate in the field of financial development," Voprosy Ekonomiki, NP Voprosy Ekonomiki, issue 3.
    • Handle: RePEc:nos:voprec:y:2019:id:2150
    DOI: 10.32609/0042-8736-2019-3-29-47
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