It is true that a country's rate of economic growth is inextricably linked to the sophistication of its financial market and more particularly to the efficiency of its capital market. Considering the importance of the role of financial market in the economic growth of any nation, this study attempts to describe the role of financial market in the economic growth of India. Six key roles of financial markets. Making it easier for businesses and households to save: Providing a secure place to store money and earn interest. Lending to businesses and individuals: Financial markets provide an intermediary between savers and borrowers. To allocate funds to productive uses: Financial markets allocate capital. The literature on the links between finance and growth has been the subject of discussion for decades. The early theoretical work of Bagehot and Schumpeter (1911) initially highlighted the critical functions of banking systems and financial sectors on economic development. They were followed by the seminal works of Goldsmith, then King and Levine, where this study explored the link between financial development, human resources and economic growth in a group of twenty-five countries in transition over the year 2019. The author applied a series of estimations such as ordinary least squares OLS, fixed effects model and two-stage GMM methods in order to estimate the. One of the most important markets in the global economy is the financial market, which forms financial flows around the world. . Global financial markets are vulnerable to various crises. Pitterle et al. 2015, argue that crises, particularly external ones, can cause an economic slowdown, leading to rapid and continued emergence of financial and commodity markets. Considering the importance of the role of financial market in the economic growth of any nation, this study attempts to describe the role of financial markets. India's economic growth market. PAPERS. 8 620. This journal is organized by: Ren M. Stulz of Ohio State University OSU - Department of Finance. Electronic Journal on Economic Growth. Follow. Southeast Asia's current economic problems cannot be attributed to too much reliance on financial markets, but rather to insufficient reliance on financial markets. Like the US economy a century ago, emerging Asian economies do not have well-developed capital markets and therefore remain heavily dependent on their banking systems. growth financing systems.2. ASEAN has a contribution of. 4 to the global economy in 2018, from trillion View, 2020. This region is also experiencing a robust annual year. economic growth. 07 Examination of the link between financial markets and economic growth. High frequency trading: impact on the stability of financial markets. Effect of algorithmic trading on the efficiency of financial markets. An economics essay can cover a wide range of topics, ranging from macroeconomic issues such as international trade and monetary policy. Financial market development and economic growth in Nigeria: evidence from the VECM approach. Abubakar Hassan, Omohola D. Babafemi, Aminu Hassan Jakada. 2. 2009. Based on Abiola and Okoduwa. We also find that the strong and robust effect of financial sector depth on economic growth is largely unaffected by the presence of the inflation rate. However, the effect