In this paper, the authors revisit the nexus of financial development and FDI inflows in Chinese perspective, incorporating the vital role of institutional quality and other important variables in this paradigm. Using ARDL bound testing and VECM procedures, they establish causality by exploiting...

Four years after the introduction of the euro, this paper provides an overview of the current structure and integration of the euro area financial systems and related policy initiatives. We first compare the euro area financial structure with that of the United States and Japan. Using new and...

This book attempts to sketch the essential structure and day-to-day operations of South African financial world. In itself this was quite a task, as financial instruments, institutions, and markets, all had to be covered. This book, the first of two volumes, describes the workings of the South...