Jingzhu Chen

Supervisor: Dr Yuemei Ji and Prof Nauro Ferreira Campos

Present status: MPhil candidate

Working title of thesis: Financial Development, Financial fragility and Economic growth: Evidence from Emerging Countries

Research: My proposed research will examine finance-growth nexus in emerging countries. It focuses on the contradiction between two strands of literature on the effects of financial intermediation on economic growth. On the one hand, the growth literature, developed during the period of global financial booms, follows an optimistic approach. It maintains financial innovations and financial developments are important to stimulate and sustain economic growth. On the other hand, a skeptical approach which is mainly supported by the banking and credit crises literature, identifies potential threats of financial liberalization. The second approach became pervasive since 2000, particularly after the global financial crises in 1997-1998 and 2007-2008.

Research interests: Emerging Markets, financial fragility, financial development, economic growth