the financial system and economic growth

... issue The Causality Issue in the Financial Openness and Economic Growth Nexus 97 The studies of the causality issue in the financial integration and economic growth are not frequent across the ... measures and investment and/ or between investment and economic growth The financial development is also included in the VAR given its robust correlation with either economic growth (De Gregorio and ... root in the series The results of these tests are indicating that the variables are The Causality Issue in the Financial Openness and Economic Growth Nexus 103 integrated of order in levels and stationary...

Ngày tải lên: 01/02/2020, 21:46

... by the economic growth That is to say, financial development and the economic growth can promote each other A lot of studies have proved that financial development can promote the economic growth, ... in the total output value and its growth) and the development condition of the financial sector (reflected 20 Li Xiang and Yang Dongye by changes in the output value of the financial sector and ... to and promote the development of the real economy, and deliberately restrict the development of the financial sector Research on the Relationship between Financial Development and Economic Growth...

Ngày tải lên: 01/02/2020, 23:00

... on the growth by the GDP estimate, and its findings serve to further support the argument by McKinnon (1973) and Shaw (1973) that the more liberal financial system may promote the economic growth ... financial sector and technological transfer has a positive effect on economic growth in the long run Thus, clarifying the change in the financial structure and strengthening the financial sector ... in order to further improve the financial system and promote its effective role in boosting the growth Theoretical bases and research framework 2.1 Theoretical bases The efficient allocation of...

Ngày tải lên: 04/02/2020, 20:39

... with permission of the copyright owner. Further reproduction prohibited without permission. Financial development and economic growth: Views and agenda Ross Levine Journal of Economic Literature; ... 688 Reproduced with permission of the copyright owner. Further reproduction prohibited without permission. Reproduced with permission of the copyright owner. Further reproduction prohibited without ... permission. Reproduced with permission of the copyright owner. Further reproduction prohibited without permission. Reproduced with permission of the copyright owner. Further reproduction prohibited without...

Ngày tải lên: 07/03/2014, 14:20

... OF ECONOMICS HO CHI MINH CITY THE HAGUE VIETNAM THE NETHERLANDS VIETNAM- NETHERLANDS PROGRAMME FOR M.A IN DEVELOPMENT ECONOMICS FOREIGN DIRECT INVESTMENT, FINANCIAL DEVELOPMENT AND ECONOMIC GROWTH ... scope and data 1.5 Organization ofthe thesis CHAPTER LITERATURE REVIEW 2.1 The impact ofFDI on economic growth 2.2 FDI, financial development and economic growth: ... developing countries Therefore, FDI and domestic financial development are complementary in increasing the rate of economic growth in the region There is a threshold level of domestic financial development...

Ngày tải lên: 07/04/2017, 15:33

... INSTITUTE OF SOCIAL STUDIES THE HAGUE THE NETHERLANDS VIETNAM - NETHERLANDS PROGRAMME FOR M.A IN DEVELOPMENT ECONOMICS RELATIONSHIP BETWEEN FINANCIAL DEVELOPMENT AND ECONOMIC GROWTH: PANEL DATA ANALYSIS ... 2.1 Theoretical concepts related to economic growth and financial development 2.2 Financial development and economic growth: theoretical literatures 2.3 Literature review and empirical ... into account the causal connection between financial development and economic growth due to the important role of financial development in the process of achieving the higher economic growth To...

Ngày tải lên: 29/11/2018, 00:02

... OF ECONOMICS HO CHI MINH CITY VIETNAM INSTITUTE OF SOCIAL STUDIES THE HAGUE THE NETHERLANDS VIETNAM - NETHERLANDS PROGRAMME FOR M.A IN DEVELOPMENT ECONOMICS FINANCIAL DEVELOPEMNT AND ECONOMIC GROWTH ... growth- promoting role of financial system against the economy After reviewing the theory of growth- finance nexus and many empirical studies about the link between financial development and economic growth, this ... may be the economy opening policy of Vietnam Government including the policy of liberalizing the financial system gradually The expanding of Vietnamese financial system with the evidence of the...

Ngày tải lên: 07/12/2018, 00:07

... changes in supply and demand; use Figure 2.8 E The Financial System The Financial System and Economic Growth a) Firms need to borrow to grow b) A country with an efficient financial system makes loans ... CHAPTER The Financial System and the Economy TEACHING OBJECTIVES Goals of Part 1: Money and the Financial System A Introduce basic ideas behind bond, stock and other financial markets ... faster economic growth and the amount of debt began to decline relative to the size of the economy And in 1999 and 2000, the debt shrank dramatically Is there an optimal size of government debt? And...

Ngày tải lên: 18/08/2020, 16:25

... is increased and then simulate the aggregate demand and boost the economic growth That effect is called as substitution effects So, as the theory stated, the USD strength may have either negative ... with the effects of exchange rate, the third section is methodology and data which presents the estimation method and data, then the results and discussions present the findings of this study, and ... developed and they are one of the most active areas of empirical studies (Rebelo, 1992) In the studies of economic growth, the production function is the root that every economists go to build the growth...

Ngày tải lên: 31/08/2020, 13:38

... strongly for expanding the scope and the scale of the financial market, improving the quality, and increasing the quantity of financial services available 2.2 Literature review One of the first papers ... causality between financial development and economic growth Journal of Development Economics, 72(1), 321-334 Choe, C., & Moosa, I A (1999) Financial system and economic growth: The Korean experience ... Keywords: financial structure; economic growth; Asian countries 116 | Policies and Sustainable Economic Development Introduction Whether a country’s financial system affects its economic growth...

Ngày tải lên: 31/08/2020, 13:56

... 418 Banks Versus Financial Markets 418 Why Banks Exist 418 15-5 The Financial System and Economic Growth 420 The Allocation of Saving 420 Evidence on the Financial System and Growth 421 ᭤ CASE ... Government Debt and Budget Deficits 381 part VI The Financial System and the Economy 407 Chapter Economic Growth I: Capital Accumulation and Population Growth 193 Chapter Economic Growth II: Technology, ... households and firms optimize—they the best they can for themselves given their objectives and the constraints they face In microeconomic models, households choose their purchases to maximize their...

Ngày tải lên: 01/11/2014, 12:18

... protect consumers and preserve the ecological environment in the country, and deal with the barriers of the other countries in international trade which are more and more modern and sophisticated ... of the balance of international payments influences directly the supply and demand for foreign currency, through direct effects on the exchange rate • The purchasing power of the currency and the ... the agreed time, when their funds run out of money, they may ask for extension of repayment The payment may be compromised if the buyer can not improve their financial situation immediately The...

Ngày tải lên: 09/08/2013, 11:42

... been liberated and appear more and more complex natures It is because that: the higher the diversification of banking and financial products, the more the risk level is growing; the financial environment ... management board and the bank should build a report system which allows them to monitor current and potential risks to ensure the consistence with the proposed target They also should set up and maintain ... now and the next year is to uphold the responsibility and capability of the ALCO members 3.2.3.2 Completing the market risk management procedures Completing the procedures and meeting all the...

Ngày tải lên: 18/07/2014, 15:41

... did not pay attention to the reduction of losses as well as handling the consequences of the credit risk caused On the other hand, the scope of research at BIDV – Southern Hanoi Branch, a relatively ... make the bank can not collect the principal and interest on time as committed in the credit agreement, and make the bank reduce the speed’s rotation of capital and its solvency Besides, the bank ... collateral On the other hand, credit risks occur also has impacts on other business activities of the banks, curbing the activities of the bank, reducing profits and affecting bank’s financial situation...

Ngày tải lên: 11/07/2016, 17:24

... management system for the Fund in risk management and give some recommendations for State and for the Fund itself to implement that system efficiently and effectively The research suggests that all the ... the methods of reduction, avoidance or sharing the risks In the other hand, regarding to subjective causes, although they are so complicated, they are caused by human activities; therefore; they ... laws and regulations, particular in gathering and the use of funds In such situation, the need a form of financial institution which its objective is to improve the efficiency of the usage of the...

Ngày tải lên: 24/11/2014, 00:12

... raising the issues, interpretation, analysis and giving the conclusion Thesis is also used statistic, formula illustration, interpreting the issues means .5 CONTRIBUTIONS OF THE THESIS - Systematize ... foreign exchange and the other price in this industry And the certain consequence is the immature managing of bank industry on general before the changing rapidly of status quo The over-due debt ... small scale and business capital sources Operation scope is also major in domestic market; weakness in financial management ability and unclear, closed the financial system Through the working...

Ngày tải lên: 17/03/2015, 13:25

... Email: truongan6@gmail.com • Mục đích báo cáo Mục đích: - Xác định rủi ro xảy - Sắp xếp rủi ro theo độ ưu tiên, để từ người quản lý biết nên phải giải rủi ro trước Project Vision 6/12/2011 Phiên ... 17,6 Mất Bỏ ngày làm ngày việc để 11 làm người lại 30%= 8*11* 20%= 17,6 Nhó m trưởn g định làm theo hướn g mà nhóm trưởn 5%= việc 11 người Mất ngày cải 11 người 4,4 = 22 17,64,4 5% 11*8* 5%=...

Ngày tải lên: 22/01/2013, 09:28

... management system and to continually improve the effectiveness of the quality management system They also have to define their roles in maintaining and developing quality management system in company Their ... system The good quality management system is the key feature to create best products and determine the success of each business According to the appreciation of economic experts and scientists, the ... management systems When managers use a process approach, it means that they manage the processes that make up their organization, the interaction between these processes, and the inputs and outputs...

Ngày tải lên: 18/04/2013, 17:09

... mại đầu tư (trade and investment): giao dịch vật chất (physical trading) 15% Derivaties 85% Phòng ngừa rủi ro đầu (hedging and speculation): giao dịch vị (position trading) Theo BIS (Bank of ... định theo lãi suất 7,5% năm Tiền lãi toán tính toán dựa số ngày đếm xác hai ngày toán giả định năm có 360 ngày 63 Hoán đổi lãi suất (Interest rate swap) Bên toán theo lãi suất cố định nhận toán theo ... dựa lãi suất cố định thả Hoán đổi vanilla hoán đổi lãi suất mà bên thực toán theo lãi suất cố định bên lại thực toán theo lãi suất thả 62 Quản trị rủi ro tài 31 Đại học Kinh Tế TP.HCM Khoa Tài...

Ngày tải lên: 16/10/2013, 16:02

... management at the preborder, border and post border levels  Need to develop awareness of the problem in APEC Economies  Need appropriate information systems and tools  Need to develop and adapt ... capabilities and approaches  APEC and the MRCWG have a role in liaising with IMO, FAO, NACA to enhance the effectiveness of existing instruments within APEC  Institutional arrangements for managing the ... limited and unbalanced Management Framework - Introd uced Marine Pests Priorities and hazards for Economies  Variable levels of activity and management capability  Ships’ ballast water and hull...

Ngày tải lên: 28/10/2013, 11:15