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Determinants of financial development of the EU countries in the period 1995-2017

Author

Listed:
  • Edmunds ÄŒižo

    (Daugavpils University, Latvia)

  • Olga Lavrinenko

    (Daugavpils University, Latvia)

  • Svetlana Ignatjeva

    (Daugavpils University, Latvia)

Abstract

The aim of the research is to determine the impact of openness and political stability which characterize the state of political rights and civil liberties; financial state regulation; the determinant of legal traditions which determines judicial independence, impartiality of the courts, protection of property rights, etc., the determinant of financial institutions, as well as the impact of certain macroeconomic indicators on the financial development of the EU countries in the period 1995 – 2017.

Suggested Citation

  • Edmunds ÄŒižo & Olga Lavrinenko & Svetlana Ignatjeva, 2020. "Determinants of financial development of the EU countries in the period 1995-2017," Insights into Regional Development, VsI Entrepreneurship and Sustainability Center, vol. 2(2), pages 505-522, June.
    • Handle: RePEc:ssi:jouird:v:2:y:2020:i:2:p:505-522
    DOI: 10.9770/ird.2020.2.2(1)
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    Cited by:

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    2. Ha, Le Thanh, 2022. "Effects of digitalization on financialization: Empirical evidence from European countries," Technology in Society, Elsevier, vol. 68(C).
    3. Antonín Korauš & Katarína Havierniková & Miroslav Gombár & Filip Černák & Miroslav Felcan, 2020. "Dimensions and their elements affecting the innovative activities of agricultural SMEs toward their sustainable development," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 8(2), pages 1142-1157, December.

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    More about this item

    Keywords

    financial development; EU; determinants of financial development;
    All these keywords.

    JEL classification:

    • E44 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Financial Markets and the Macroeconomy
    • G10 - Financial Economics - - General Financial Markets - - - General (includes Measurement and Data)
    • G19 - Financial Economics - - General Financial Markets - - - Other
    • O16 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Financial Markets; Saving and Capital Investment; Corporate Finance and Governance

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