IDEAS home Printed from https://ideas.repec.org/a/bdd/journl/v3y2009i2p31-62.html
   My bibliography  Save this article

An Evaluation on the Determinants of FinancialDevelopment: Literature Survey

Author

Listed:
  • Hüseyin Agir
  • Osman Peker
  • Muhsin Kar

Abstract

In the economic development process, important role of financial sector has long been emphasized in the literature. Especially with the emergence of endogenous growth theory, this relationship has again become very attractive and it is stated that financial development is one of the determinants of economic growth. However this whole literature did not sufficiently explain how the financial development occurs. Financial liberalization hypothesis has been a starting point to explain the financial development. In addition, recently, it is seen that studies which examine the process of financial development has increasingly increased and, within this vein, it is emphasized that legal origin, liberalizations of foreign trade and capital account, institutional structure, deposit insurance, efficient supervision and regulation and policy framework for macro economy influence financial development

Suggested Citation

  • Hüseyin Agir & Osman Peker & Muhsin Kar, 2009. "An Evaluation on the Determinants of FinancialDevelopment: Literature Survey," Journal of BRSA Banking and Financial Markets, Banking Regulation and Supervision Agency, vol. 3(2), pages 31-62.
    • Handle: RePEc:bdd:journl:v:3:y:2009:i:2:p:31-62
    as

    Download full text from publisher

    File URL: http://www.bddk.org.tr/Content/docs/bddkDergiTr/dergi_0006_04.pdf
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    Financial Development; Financial Liberalization; Legal Origin; Domestic and External Liberalization; Deposit Insurance; Efficient Supervision and Regulation;
    All these keywords.

    JEL classification:

    • E49 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Other
    • F19 - International Economics - - Trade - - - Other
    • F32 - International Economics - - International Finance - - - Current Account Adjustment; Short-term Capital Movements
    • G29 - Financial Economics - - Financial Institutions and Services - - - Other
    • H69 - Public Economics - - National Budget, Deficit, and Debt - - - Other
    • K49 - Law and Economics - - Legal Procedure, the Legal System, and Illegal Behavior - - - Other

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bdd:journl:v:3:y:2009:i:2:p:31-62. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sumeyye Azize CENGIZ (email available below). General contact details of provider: https://edirc.repec.org/data/bddgvtr.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.