Ginindza, Mzwandile; Maasoumi, Esfandiar - In: The North American Journal of Economics and Finance 26 (2013) C, pp. 497-518
In this paper the Financial Development Index (FDI) is used to rank 57 of the world's leading financial systems. Its calculation is based on the following 7 economic pillars: (1) Institutional environment, (2) Business environment, (3) Financial stability, (4) Banking financial services, (5)...
