Falahaty, Manizheh; Law, Siong - In: Transition Studies Review 19 (2012) 2, pp. 205-223
This paper provides new evidence that sheds light on the effect of globalization on financial development using data from 9 MENA countries over the period 1991–2007. The empirical results based on the Panel-data Vector Autoregression and Fully Modified Ordinary Least Squares methods reveal...