关于农村金融发展对经济发展影响的外文翻译--农村金融发展不会促进经济发展吗？(编辑修改稿)

关于农村金融发展对经济发展影响的外文翻译--农村金融发展不会促进经济发展吗？(编辑修改稿)内容摘要：

eficiaries. Some of the problems identified as responsible for poor performance in the development of Africa’s rural financial markets include excessive controls, ineffective supervision and dearth of qualified manpower on the one hand (Aliero, 2020). On the other hand, the programmes have at one time or the other been influenced by political considerations (Ibrahim and Aliero, 2020) Successive governments in Nigeria have introduced several poverty alleviation programmes from Structural Adjustment Programme (SAP) passed through National Economic Empowerment and Development Strategy(NEEDS) down to Transformation Agenda. However, such programmes have not achieved their targeted objectives (Ibrahim and Aliero, 2020). For instance, relevant data from NBS (2020) shows that the national unemployment rate stood at percent in 2020 pared to % in 2020 and % in 2020 while the rate is higher in the rural area (%) than in the urban area (%). Poverty and unemployment in Nigeria are two sides of the same coin and could be linked to lack of adequate financial access particularly in the rural, among other things (Aliero, Ibrahim and Shuaibu, 2020). It has been argued that financial development has the capacity of reducing unemployment. It is along this line Dromel, Kolakez and Lehmann (2020) contend that development of private credit (which is a measure of financial development) would significantly lower unemployment persistence. This led Aliero and Ibrahim (2020) to predictably believed that enhancing access to formal financial services especially credit to the rural populace has not only have the capacity of reducing unemployment but also is a mean of reducing poverty in developing countries. Therecent breakthrough in the development finance emphasises that economic development of Less Developed Countries (LDCs) could be best achieved through bottomtop intervention principally due to duo reasons. Firstly, the vast majority of the populace of LDCs are dwelling in the rural areas while very small fractions are residing in the cities swimming within overwhelming quantity of national cake. Secondly, history shows that before LDCs opted for urbanisation programmes (topbottom intervention), development is steadily tricklingdown through the entire country paving the way for economic prosperity in simpler format. To my knowledge there is no any study ever conducted using time series techniques of data analysis on the relationship between rural financial sector development and economic growth. This study intends to fillin the lacuna by unveiling the role of rural financial development on the growth of Nigerian economy. In achieving this objective the paper is divided into five sections including this introduction. Section two presents the empirical literature. Section three contains the methodology of the study. Section four is the empirical result while the last section concludes the paper. 2 Methodology Time series secondary data for the relevant variables were sourced from CBN statistical bulletin of various issues, National Bureau of Statistics, International Financial Statistics (IFS) and World Development Indicators (WDI). The data covers 19802020 period and varia。