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From a sample of Asian countries over the period 1999-2007, this paper investigates the link between bank competition and economic development. In general, although banking market power has a U-shaped relationship with economic growth, banking market power tends to improve economic growth....
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Current study aims to investigate the impact of institutional governance (GOV), trade openness (TOPEN), real output (RGDP), economic freedom (EFR), inflation rate (INFR) and real output growth on financial sector development (FSD) of selected Asian economies. A consolidated financial sector...
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The global financial crisis reinforced a sense that the world is “shifting East” – to Asia. The essential story of … modern Asia is its unprecedented expansion of economic freedom, enabled by market liberalization. Economic freedom, however …, remains substantially repressed across the region.There are three key policy challenges to expanding economic freedom in Asia …
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