The role of the central bank in financial development and economic growth – experiences of selected countries with the possibility of benefiting from them in Iraq

A thesis submitted to the Council of the College of Administration and Economics – University of Karbala, which is part of the requirements for the degree of master in economic sciences

by

Ali Aboud Mahdi Youssef Al-Badiri

Supervised by

Prof. Dr.

Talib Hussein Fares Al-Kuraiti

Abstract
The research deals with the role of central banks in financial development to promote economic growth as one of the basic scientific concerns in the field of the importance of the role of central banks in developing the functions of financial systems to achieve the targeted levels of economic growth.
The problem of the research was the centrality of the central bank’s role in supporting and developing indicators of financial development as an approach to promoting economic growth within the framework of the developmental functions of the central bank in a market economy and financial openness based on a basic current in contemporary neoclassical financial development thought, and according to that the hypothesis of the research was that the bank Central within the framework of the neoclassical trend in contemporary financial developmental thought plays a key role in supporting and developing indicators of financial development to promote economic growth, and this relationship can be studied in the framework of the available economic literature, and a sample of the experiences of
selected countries with a special reference to Iraq, and the research sample was It is an advanced country represented by the United States of America and an Arab country with an important experience, which is the United
Arab Emirates, with reference to Iraq. The selected experiences were benefited from in understanding and analyzing the researched relationship with regard to Iraq. The aim of the research was to analyze the role of the Central Bank of Iraq in financial development to promote growth The economist, in the light of the economic literature and the studied
experiences. The research adopted a methodology based on the descriptive and statistical method to analyze the course of development The relationship between the variables studied and then the use of economic measurement to estimate and analyze the impact of the central bank’s role in financial development on economic growth in the sample countries.
The research ended with a set of conclusions, the most important of which is proving the research hypothesis and by proving the essential role of central banks in financial development that enhances economic growth in the researched experiences and in Iraq. The centralization of financial development to achieve the targeted levels of economic growth, based on the fact that the dynamic relationship between indicators of financial development and economic growth and the per capita share of the gross domestic product.

The role of the central bank in financial development and economic growth – experiences of selected countries with the possibility of benefiting from them in Iraq

A thesis submitted to the Council of the College of Administration and Economics – University of Karbala, which is part of the requirements for the degree of master in economic sciences

by

Ali Aboud Mahdi Youssef Al-Badiri

Supervised by

Prof. Dr.

Talib Hussein Fares Al-Kuraiti

Abstract
The research deals with the role of central banks in financial development to promote economic growth as one of the basic scientific concerns in the field of the importance of the role of central banks in developing the functions of financial systems to achieve the targeted levels of economic growth.
The problem of the research was the centrality of the central bank’s role in supporting and developing indicators of financial development as an approach to promoting economic growth within the framework of the developmental functions of the central bank in a market economy and financial openness based on a basic current in contemporary neoclassical financial development thought, and according to that the hypothesis of the research was that the bank Central within the framework of the neoclassical trend in contemporary financial developmental thought plays a key role in supporting and developing indicators of financial development to promote economic growth, and this relationship can be studied in the framework of the available economic literature, and a sample of the experiences of
selected countries with a special reference to Iraq, and the research sample was It is an advanced country represented by the United States of America and an Arab country with an important experience, which is the United
Arab Emirates, with reference to Iraq. The selected experiences were benefited from in understanding and analyzing the researched relationship with regard to Iraq. The aim of the research was to analyze the role of the Central Bank of Iraq in financial development to promote growth The economist, in the light of the economic literature and the studied
experiences. The research adopted a methodology based on the descriptive and statistical method to analyze the course of development The relationship between the variables studied and then the use of economic measurement to estimate and analyze the impact of the central bank’s role in financial development on economic growth in the sample countries.
The research ended with a set of conclusions, the most important of which is proving the research hypothesis and by proving the essential role of central banks in financial development that enhances economic growth in the researched experiences and in Iraq. The centralization of financial development to achieve the targeted levels of economic growth, based on the fact that the dynamic relationship between indicators of financial development and economic growth and the per capita share of the gross domestic product.