FINANCIAL GLOBALIZATION AND FINANCIAL DEVELOPMENT IN LATIN AMERICA

Metadatas

Date

June 1, 2012

type
Language
Identifier
Organization

SciELO

License


Keywords

financial globalization financial development dynamic panel data


Cite this document

Edgar Demetrio Tovar García, « FINANCIAL GLOBALIZATION AND FINANCIAL DEVELOPMENT IN LATIN AMERICA », Cuadernos de Economía, ID : 10670/1.7uwd75


Metrics


Share / Export

Abstract 0

This paper examines the impact on financial development of financial globalization in Latin America. An empirical test is elaborated with new indicators of financial globalization and financial development, closer to theoretical and conceptual framework. A dynamic panel data model is employed; the principal results suggest, in general, that financial globalization has no positive and significant relationship with the process of growth and development of the financial system in Latin America, although, exerts corporate governance and encourages diversification of risk.

From the same authors

On the same subjects

Similar documents

Within the same disciplines