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Assessment of Components of Financial Development of the Countries of Central and Eastern Europe and its Influence upon Economic Development

Kasiyan Yevgeniy V. ()
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Kasiyan Yevgeniy V.: Ivan Franko National University of Lviv

Business Inform, 2013, issue 3, 58_64

Abstract: The article assesses components of financial development of countries of Central and Eastern Europe. It analyses theoretical aspects of interrelation between forms of financial systems and their influence upon economic development of a state and describes main functions of financial systems. It shows results of the conducted econometric study of interrelation between financial development and development of the real sector of economy.

Keywords: financial system; financial development; financial markets; countries of Central and Eastern Europe; economic growth (search for similar items in EconPapers)
Date: 2013
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