This study investigates the effects of government crisis interventions on economic growth under an international perspective. We also evaluate how financial depth shapes the effect of crisis intervention on economic growth. Our empirical result points out that the proxies of government interventions do have a significantly negative impact on economic growth. A higher level of banking development supports the enhanced moral hazard effect, while greater insurance and stock market developments mitigate this negative impact. Financial liberalization and monetary condition also help mitigate this negative impact under certain circumstances.