This paper reviews the main features of the banking and financial sector in ten new EU members, and then examines the relationship between financial development and economic growth in these countries by estimating a dynamic panel model over the period 1994-2007. The evidence suggests that the...

This study explored the linkage between financial development, human resources, and economic growth in a group of twenty-five transition countries during the period 1995-2019. The author applied a range of estimations such as Ordinary Least Squares (OLS), fixed effects model, and two-step GMM...

In this paper, we analyze the growth effects of historical and biological ancestry, diversity and financial development in transition economies. We show that the common indicators of ethnolinguistic fractionalization, state history and genetic distance yield significant results and to some...