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Impact of Financial Liberalization and Governance on the Financial Development in Developing Countries

Archives of Business Research

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Title Impact of Financial Liberalization and Governance on the Financial Development in Developing Countries
 
Creator Ijaz, Anila
Idrees, Alvina Sabah
 
Description The study examines the impact of financial liberalization and governance on the financial development in developing countries. The study takes the sample of 48 developing countries and time period from 2000 to 2014. The study uses the domestic credit to private sector (percentage of GDP) as proxy of financial development and for measurement of financial liberalization Chin-Ito index is used. The study finds that financial liberalization alone does not have a significant effect on financial development however when financial liberalization is endogenized with governance then this impact becomes positive and significant. Good governance enhances the positive and significant impact of financial liberalization. Therefore, financial development of the developing countries can be enhanced by the financial liberalization followed by good governance.
 
Publisher Archives of Business Research
 
Contributor
 
Date 2016-12-13
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://www.scholarpublishing.org/index.php/ABR/article/view/2192
10.14738/abr.46.2192
 
Source Archives of Business Research; Vol 4, No 6 (2016): Archives of Business Research
2054-7404
10.14738/abr.46.2016
 
Language eng
 
Relation http://www.scholarpublishing.org/index.php/ABR/article/view/2192/1382
 
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