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Mansokku Lee, Changkuk Jung and Taeyoung Lee |
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''Social order and financial development'' |
( 2018, Vol. 38 No.2 ) |
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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. |
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Keywords: Social Order, Governance, Democracy, Financial Development |
JEL: G2 - Financial Institutions and Services: General |
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Manuscript Received : Apr 12 2018 | | Manuscript Accepted : Apr 29 2018 |
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