We examine the extent to which financial market development impacts the diffusion of 16 major technologies, looking across 55 countries, from 1870 to 2000. We find that greater depth in financial markets leads to faster technology diffusion for more capital-intensive technologies, but only in periods closer to the invention of the technology. In fact, we find no differential effect of financial...

The establishment and development of an offshore RMB financial market has far-reaching implications. As important component China’s market, Hong Kong’s is objective prerequisite for long-term liberalization the a new “double-loop” model. Although made great progress in past decade, there are still some shortcomings. This paper analyzes trend from perspective characteristics advantages identifie...

Broadly speaking, the role of the financial sector in all economies is to channel resources from primary savers to investment projects. The importance of this financial sector role has received much attention in the recent literature on economic growth. A strong consensus has emerged in the last decade that well-functioning financial intermediaries have a significant impact on economic growth. ...

the development of the cyprus stock exchange together with the increasing trend of investors’ presence in financing activities has led to the importance of this market. in such circumstances, the first step towards a sustainable development of the exchange is to support the investors. risk of bankruptcy for the investee is a major challenge that an inexperienced stock investor encounters. in th...

The article is devoted to the development of national financial market and ensuring its stability on basis digital transformation. Subject research: digitalization market. aim study theoretical foundations determine priorities based services ensure sustainable in medium term. Method research. process writing, authors used such methods as analysis, grouping, comparison, synthesis. Results: 1. fe...