globalization remains open to debate in the literature. In this paper, we try to put some empirical structure on the concept of … object is to assess if financial benefits of financial globalization are questionable until greater domestic financial … financial development benefits of financial globalization. The estimation approach consists of assessing the impact of financial …

and Structure Database of the World Bank are employed, namely: financial depth (money supply and liquid liabilities … Financial Development and Structure Database of the World Bank. …

This paper analyzes the impact of the globalization of financial markets on developing and transition economies …