This paper empirically sought to establish the existence of relationships between foreign direct investment, stock market development and institutional quality, respectively. The study adopted a multiple regression analysis, using a panel of nine African countries between 2009 and 2016. Using...

The improvement of the stock market is becoming one of the paramount factors leading to the Uzbek economy’s resilience to external shocks and the formation of a new economic development model. The study is aimed at analyzing the influence of the stock market of the Republic of Uzbekistan on...

During the 1990s, overall economic performance of South East Asian countries was remarkable in many respects, including a significant increase in economic development. This paper empirically assesses the reasons behind such progress by focusing on the impact of foreign direct investment, trade...

This paper analyzes the links between financial and trade openness and financial development in Sub-Saharan African (SSA) countries. It is based on a panel dataset using methods that tackle slope heterogeneity, cross-sectional dependence and non-stationarity, important econometric problems that...