The world economy is going through its biggest transformation in a relatively short space time. There have been many explanations for this phenomenon but the unprecedented scale and pace of this change and, most crucially, its implications, still seems little understood. In turn, there has been...

The study investigates the influence of financial development on foreign trade in transi- tional economies using panel data (1994-2014). Although empirical studies on the im- pact of financial development on foreign trade are available, none of them that the au- thors are aware of attempted to...