The mobilization of resources for national development has long been the crucial focus of development economists. This is because, for sustainable growth and development to take place, funds must be effectively mobilized and allocated to enable business and the economy harnesses their human, material and managerial resources for optimal output. It is against this background that every country has a financial system which serves as a mechanism for the mobilization of resources for the attainment of economic growth. Consequently, the more developed the financial system of an economy is, the more efficient it is likely to be in the mobilization and allocation of resources for development purposes.
The financial system of any society is the framework within which capital formation takes place. According to Odife (1994), it is the framework within which the savings of some members of the society are made available to other members of the society. Put differently, it is the arrangement or mechanism by which the savings surplus units of the economy transfer their resources to the borrowing deficit units for the purpose of enhancing economic growth (Okereke – Onyiuke, 2009). The financial system is made up of two major markets. These are the money market and the capital market. According to Elakama (2009), the two markets are at the heart of the financial system.
📚 Over 50,000 Research Thesis
📱 100% Offline: No internet needed
📝 Over 98 Departments
🔍 Thesis-to-Journal Publication
🎓 Undergraduate/Postgraduate Thesis
📥 Instant Whatsapp/Email Delivery
The project titled "Blockchain Technology in Enhancing Financial Transactions Security and Transparency in Banking" aims to investigate the role of bl...
The research project titled "Analyzing the impact of digital banking on customer satisfaction and loyalty in the financial industry" aims to investiga...
The project titled "Application of Blockchain Technology in Improving Security and Efficiency in Banking Transactions" aims to explore the potential b...
The project titled "Application of Machine Learning in Credit Risk Assessment for Small Businesses in Banking Sector" aims to explore the utilization ...
The project titled "Application of Machine Learning in Credit Scoring for Loan Approval in Banking Sector" aims to explore the utilization of machine ...
The project titled "Application of Blockchain Technology in Securing Financial Transactions in Banking Sector" aims to explore the potential benefits ...
The research project titled "Analysis of Cryptocurrency Adoption in Traditional Banking Systems" aims to investigate the impact and implications of cr...
The research project titled "Application of Machine Learning in Credit Risk Management for Banks" aims to explore the integration of machine learning ...
The research project titled "Analyzing the Impact of Fintech on Traditional Banking Services" aims to investigate the effects of Financial Technology ...