| Abstract | 第3-4页 |
| 摘要 | 第5-9页 |
| Abbreviations | 第9-10页 |
| CHAPTER 1. INTRODUCTION | 第10-15页 |
| 1.1 Research Background | 第10-11页 |
| 1.2 Research Objectives | 第11页 |
| 1.3 Research questions | 第11-12页 |
| 1.4 Research Methodology | 第12页 |
| 1.5 Significance of the research | 第12页 |
| 1.6 Scope of the Study | 第12-13页 |
| 1.7 Structure of research | 第13-15页 |
| CHAPTER 2. LITERATURE REVIEW | 第15-34页 |
| 2.1 Theoretical Research | 第15-19页 |
| 2.1.1 Broad Money and Financial Theory | 第15页 |
| 2.1.2 Financial Structure Theory | 第15-16页 |
| 2.1.3 The Theory of Financial Deepening | 第16-17页 |
| 2.1.4 Financial Supply Theory and Financial Demand Theory | 第17-18页 |
| 2.1.5 The Financial Constraint Theory | 第18页 |
| 2.1.6 Endogenous Financial Development Theory | 第18-19页 |
| 2.1.7 Causality Theory of Financial Development | 第19页 |
| 2.2 The Causal Relationship Between Financial Development And Economic Growth: A Theoretical Framework | 第19-23页 |
| 2.3 The Causal Relationship Between Financial Development and Economic Growth: Empirical Evidence | 第23-34页 |
| 2.3.1 The Supply-Leading Response | 第23-28页 |
| 2.3.2 The Demand-Following Response | 第28-30页 |
| 2.3.3 The Bidirectional Causality/Feedback Response | 第30-34页 |
| CHAPTER 3. FINANCIAL DEVELOPMENT AND ECONOMIC GROWTH: THE CONDUCTION MECHANISM AND STATUS QUO ANALYSIS | 第34-49页 |
| 3.1 The Conduction Mechanism between Financial Development and Economic Growth | 第34-37页 |
| 3.1.1 Financial Development to Economic Growth | 第34-36页 |
| 3.1.2 Economic Growth to Financial Development | 第36-37页 |
| 3.2 Analysis of Financial Development In SADC | 第37-49页 |
| 3.2.1 Financial Inclusion | 第40-43页 |
| 3.2.2 Capital Market Development | 第43-45页 |
| 3.2.3 Evolving Information and Communication Technology | 第45-46页 |
| 3.2.4 Pan-African Banks | 第46-49页 |
| CHAPTER 4. DATA ANALYSIS AND FINDINGS | 第49-59页 |
| 4.1 Data and Variable Identification | 第49-50页 |
| 4.2 Methodology | 第50-53页 |
| 4.2.1 Augment Dickey-Fuller test | 第50-51页 |
| 4.2.2 Johannsen Cointegration Test | 第51-52页 |
| 4.2.3 Granger Causality Test | 第52-53页 |
| 4.3 Empirical Results and Discussions | 第53-57页 |
| 4.3.1 Augment Dickey-Fuller test | 第53页 |
| 4.3.2 Johannsen Cointegration Test | 第53-55页 |
| 4.3.3 Granger Causality Test | 第55-57页 |
| 4.4 Empirical Conclusion | 第57-59页 |
| CHAPTER 5. CONCLUSION AND POLICY IMPLICATION | 第59-63页 |
| 5.1 Conclusion | 第59页 |
| 5.2 Policy Implication | 第59-61页 |
| 5.3 Research Limitation and Areas of Further Research | 第61-63页 |
| 5.3.1 Research limitation | 第61-62页 |
| 5.3.2 Areas of Further Research | 第62-63页 |
| References | 第63-70页 |
| 攻读学位期间取得的研究成果 | 第70-71页 |
| Appendix | 第71-74页 |
| 致谢 | 第74-76页 |
