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Literature review
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The growth gap: a literature review of regulation and growth

Rose Poyser, Karan Singh, David Stallibrass
Publisher
Financial services industry Financial markets Economic growth Financial system regulation United Kingdom
Description

This review summarises the current evidence base connecting financial services regulation to economic growth. 

The financial services sector encompasses a broad range of services provided by institutions and companies that manage, invest and facilitate the flow of money. Regulation refers to the policies and actions taken by government authorities (generally independent regulators) to achieve certain objectives in the markets they regulate. 

The review focuses on three key routes to support growth.

  1. Increasing exports by enhancing the international competitiveness of financial services.
  2. Increasing the productivity of the UK financial services sector.
  3. Supporting broader economic growth in the real economy (the production and distribution of non-financial goods and services) by delivering high-quality and value-driven services, investment and oversight to where they are most needed.
Publication Details
License type:
All Rights Reserved
Access Rights Type:
open