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As economies progressively integrate globally, the financial structures of markets and the world of finance changes. One of the definitions of financial globalization is integration of domestic financial system of a country with the global financial markets and institutions. It is now accepted...
Persistent link: https://www.econbiz.de/10011071052
In this paper we argue about the determinants that influence the process of financial market integration in the East Asia-Pacific region. We question whether GDP, Exchange rate and real interest rate influence the financial integration. We construct a regression specification with respect to a...
Persistent link: https://www.econbiz.de/10010709681