Al-Fayoumi, Nedal; Abuzayed, Bana - In: EuroMed Journal of Business 9 (2014) 3, pp. 318-332
Purpose – The purpose of this paper is to examine if the simultaneous openness to trade and capital account can promote financial sector development. Design/methodology/approach – Based on a sample of 12 Arab countries over the period from 1985 to 2011, the data were analyzed using the...