ECONOMIC AND STATISTICAL ANALYSIS OF THE FINANCIAL DEPTH OF THE ECONOMY
Abstract
The article contains cross-country comparisons of financial depth (more than 100 countries, 2000–2013) to confirm by modern statistical data the positive relationship between the financial development and the economic growth. It justifies the differences in financial depth comparing to the developed countries and emerging markets, explains the challenges of the gaps in financial development of Russia and the developed and new industrial countries.
About the Authors
Ya. M. MirkinRussian Federation
Doctor of Economics, Professor, Institute of World Economy and International Relations, Moscow, Russia.
V. N. Salin
Russian Federation
PhD in Economics, Head of Department of Statistics, Financial University under the Government of the Russian Federation, Moscow, Russia
I. V. Dobashina
Russian Federation
PhD in Economics, Department of Statistics, Financial University under the Government of the Russian Federation, Moscow, Russia
References
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Review
For citations:
Mirkin Ya.M., Salin V.N., Dobashina I.V. ECONOMIC AND STATISTICAL ANALYSIS OF THE FINANCIAL DEPTH OF THE ECONOMY. Vestnik NSUEM. 2015;(4):24-29. (In Russ.)