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Introduction -- The Role of Banks in Financial Integration: Some New Theory and Evidence from New EU Members -- Interdependence Between Foreign Exchange Markets and Stock Markets in Selected European Countries -- The Transatlantic Banking Crisis: Lessons, EU Reforms and G20 Issues -- Financial...
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financial sector and macroeconomic policies and goes on to review financial sector regulation in the pre-crisis, mid-crisis and … regulation can be oriented towards achieving the development objectives of EMEs without necessarily sacrificing prudent … regulation and financial stability considerations, and that EMEs can supplement their development objectives with other well …
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This paper offers a meta-regression analysis of the literature on the drivers of financial development. Our results based on 1900 estimates suggest that institutional quality is positively correlated to both private sector credit and stock market capitalization (both as share of GDP). Domestic...
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