a r t i c l e i n f o JEL classification: O43 O16 E44 E31 Keywords: Banking sector Stock market Economic growth Granger causality ASEAN countries This paper examines the relationship between banking sector development, stock market development, economic growth, and four other macroeconomic variables in ASEAN countries for the period 1961–2012. Using principal component analysis for the construc...

Relevance . The deepening of integration processes within the EEU requires new approaches to managing economic security. interdependence countries no longer allows ignoring each other's problems. unstable state one economy negatively affects others and whole Union. Financial security, as part is determined by directions budget policy degree execution. purpose study assess financial security mem...