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Social order and financial development

Author

Listed:
  • Mansokku Lee

    (State University of New York at Geneseo)

  • Changkuk Jung

    (Ulsan National Institute of Science and Technology)

  • Taeyoung Lee

    (University of Utah)

Abstract

This paper focuses on examining the impacts of social order on financial development in the context of political and institutional influence in developing and least developed countries for a period of 1985-2011. Empirical results suggest that social order affects the depth of the financial sector whereas political and institutional determinants influence the efficiency of financial institutions.

Suggested Citation

  • Mansokku Lee & Changkuk Jung & Taeyoung Lee, 2018. "Social order and financial development," Economics Bulletin, AccessEcon, vol. 38(2), pages 901-907.
  • Handle: RePEc:ebl:ecbull:eb-18-00327
    as

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    References listed on IDEAS

    as
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    More about this item

    Keywords

    Social Order; Governance; Democracy; Financial Development;
    All these keywords.

    JEL classification:

    • G1 - Financial Economics - - General Financial Markets
    • G2 - Financial Economics - - Financial Institutions and Services

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