Financial development led economic growth in selected developing country

This research looks at factors that influence the economic growth of five selected developing countries. The driving factors that are fluctuations in bank deposit credit, capital investment, inflation rate, and economic growth direct foreign investment. For this analysis, the panel data of 21 years from 1996 to 2016 was used. Five listed developing countries that are Malaysia, Indonesia, Thailand, the Philippines, and Mexico are also included. But is economic growth (GDP) dependent on other variables, to examine the relationship between economic growth and other variables? Through this study to analyze the relationship between all the independent variables and dependent variable which economic growth (GDP), independent variable like bank credit to deposit, capital investment, inflation rate and foreign direct investment. Also included in this report are five (5) chosen developing countries, Malaysia, Indonesia, Thailand, Philippines, and Mexico. The data collection from 1996 to 2016 which is used for this analysis. Thus, the researcher is using EViews to run all tests inside to get the result for this analysis.