Analysis of financial depth indicators and their impact on economic growth, Egypt as a model for the period (2005-2020)

Abstract

The research aims to analyze the indicators of financial depth in the Republic of Egypt and their impact on economic growth, and the research problem was formulated to answer the question: Do indicators of financial depth affect economic growth? Therefore, the stability of the time series was analyzed, as well as the estimation of the functional relationship between financial depth indicators and GDP growth, expressing economic growth using the multiple regression function in the logarithmic formula as it gave the best results, and the research found a direct correlation between financial depth indicators (credit granted to the sector private, deposits, local liquidity) and gross domestic product, and suggested a set of recommendations, including the need to achieve sufficient economic and political stability for the purpose of encouraging investments, especially stimulating foreign capital and attracting it inward for the purpose of developing financial capabilities, whether in the financial market or the banking sector, with the aim of achieving Economic growth.