search query: @indexterm slovenia / total: 143
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| Author: | Senjur, M. |
| Title: | The role of financial system in economic development |
| Journal: | Slovenska ekonomska revija
1995 : VOL. 46:5, p. 9-27 |
| Index terms: | SLOVENIA ECONOMIC GROWTH MODELS INVESTMENTS FINANCIAL POLICY |
| Language: | slv |
| Abstract: | The characteristic feature of latest literature of economic development is revival of interest about the relation between the financial system and economic growth. The application refers to fast growing east-Asian countries and countries in transition, which are financial less developed.The development of financial sector refers to broadening and deepening.The financial system affects the economic development favourable by affecting the amount and the efficiency of investment.Slovenia is financially less developed country.There is a gap between financial and overall economic development.In next period the rapid financial development is expected to catch up with the level of economic development.The banking system is prevalent, and therefore the major problems of financial development refer the banking sector.In the future the faster growth of security markets and institutions is expected.The role of stock companies will be in small country of limited importance due to the lack of large companies, which are more suitable to be stock companies.On the security markets the bonds will prevail. |
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