Assessment of Components of Financial Development of the Countries of Central and Eastern Europe and its Influence upon Economic Development
AbstractThe article assesses components of financial development of countries of Central and Eastern Europe. It analyses theoretical aspects of interrelation between forms of financial systems and their influence upon economic development of a state and describes main functions of financial systems. It shows results of the conducted econometric study of interrelation between financial development and development of the real sector of economy.
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Bibliographic InfoArticle provided by RESEARCH CENTRE FOR INDUSTRIAL DEVELOPMENT PROBLEMS of NAS (KHARKIV, UKRAINE), Kharkiv National University of Economics in its journal Business Inform.
Volume (Year): (2013)
Issue (Month): 3 ()
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Web page: http://www.business-inform.net
financial system; financial development; financial markets; countries of Central and Eastern Europe; economic growth;
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