FINANCIAL SECTOR AND GROWTH PROCESS IN SOUTH-EASTERN EUROPE'S FORMER SOCIALIST COUNTRIES: COULD A KALDORIAN CUMULATIVE CAUSATION APPROACH HELP TO BETTER UNDERSTAND THE LINKS BETWEEN THEM?
The reform and development of the financial sector was one of the most significant challenges that the former socialist countries faced during their transition to a market economy. At the start of this transition, their financial system was underdeveloped and centralised (monobank), where the centra...
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Main Authors: | Stavroula DIMKOU, George MAKRIS |
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Format: | Article |
Language: | English |
Published: |
University of Pitesti
2017-07-01
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Series: | Buletin ştiinţific: Universitatea din Piteşti. Seria Ştiinţe Economice |
Subjects: | |
Online Access: | http://economic.upit.ro/repec/pdf/2017_1_7.pdf |
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