P/E/262. Dissertation. Role of financial institutions in economic growth: case study of Asian economies

The dissertation aims to examine the role of financial institutions in the economic growth of a country analysing the development of five Asian states over the past decade. A review of literature provides information on the theories of economic growth, financial development, banking and stock markets. Asian economies are described including Asian financial crisis of 1997, financial systems of the countries under study, etc. Economic models for measuring the strength and stability of the financial sector are applied to the market and bank aspects of the national financial systems. Conclusions are made about the variables relevant for economic growth.