Author

Lamia Donia

Abstract

The study provides new evidence on the determinants of banking sector development, using data from 18 emerging economies during 2000-2009. The study employs panel data analysis, namely Random Effect, Feasible Generalized Least Squares and Dynamic Generalized Method of Moments estimations. The empirical results demonstrate that rule of law; economic growth and workersâ remittances promote banking sector development. However, financial liberalization and liberal trade policies have an insignificant influence on banking sector development. Therefore, the study suggests that emerging countries, aiming at enhancing banking sector development, should establish strong institutional infrastructure; whereas financial liberalization and trade openness should come at a later stage. Finally, the study provides evidence on a complementary relationship between banking sectors and capital markets in emerging countries.

Department

Economics Department

Degree Name

MA in Economics

Date of Award

2-1-2012

Online Submission Date

January 2013

First Advisor

El Edel, Dalia

Committee Member 1

Bouaddi, Mohamed

Committee Member 2

El Ramly, Hala

Document Type

Thesis

Extent

68 p.

Library of Congress Subject Heading 1

Banks and banking -- Developing countries.

Library of Congress Subject Heading 2

Fincial institutions.

Rights

The author retains all rights with regard to copyright. The author certifies that written permission from the owner(s) of third-party copyrighted matter included in the thesis, dissertation, paper, or record of study has been obtained. The author further certifies that IRB approval has been obtained for this thesis, or that IRB approval is not necessary for this thesis. Insofar as this thesis, dissertation, paper, or record of study is an educational record as defined in the Family Educational Rights and Privacy Act (FERPA) (20 USC 1232g), the author has granted consent to disclosure of it to anyone who requests a copy.

IRB

Not necessary for this item

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