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Role of institutions in promoting finance in emerging markets: A panel data analysis.


ABSTRACT: Differences in institutions have garnered much attention in recent years as one of the primary reasons for long-term economic performance, and a vast corpus of theoretical and empirical research demonstrates that financial development can have a substantial impact on economic and financial performance. In fast-growing emerging markets, the demand for financial services has considerably increased, which amplified the need for an efficient regulatory framework to deal with the sensitive nature of financial activities. Surprisingly, the existing literature on the impact of institutions and finance is focused on developed economies, while emerging markets are rarely focused on. Since emerging markets are becoming increasingly important as a result of the swift evolution of institutional and fi

SUBMITTER: Aman A 

PROVIDER: S-EPMC10035861 | biostudies-literature | 2023

REPOSITORIES: biostudies-literature