Impact of financial structure on economic growth: Example of Serbia, Croatia and Slovenia
It is well known that the processes of deregulation, globalization and information technology, which began in the 80s and 90s, led to a review of the fundamentals of the financial system and its structure. At that time, international activity is initiated in connection with the improvement of the fi...
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| Format: | Article |
| Language: | English |
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University of Novi Sad - Faculty of Economics, Subotica
2019-01-01
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| Series: | Anali Ekonomskog fakulteta u Subotici |
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| Online Access: | https://scindeks-clanci.ceon.rs/data/pdf/0350-2120/2019/0350-21201942147J.pdf |
| _version_ | 1818293238525591552 |
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| author | Janković Miljana |
| author_facet | Janković Miljana |
| author_sort | Janković Miljana |
| collection | DOAJ |
| description | It is well known that the processes of deregulation, globalization and information technology, which began in the 80s and 90s, led to a review of the fundamentals of the financial system and its structure. At that time, international activity is initiated in connection with the improvement of the financial system through the adjustment of the regulatory and institutional framework. The financial structure in its characteristics can be bank-based or market-based, which is largely conditioned by factors such as relevant policies, culture, infrastructure development, key national sectors of the economy. What is always actual is the question of the mutual influence of the financial sector and the real sector, i.e. the relationship between the parameters of the financial structure and financial development, from one side, and economic growth and development, from the other side, to which the unique answer does not exist. In connection with the above, the subject of research in the paper is the analysis of the financial structure in Serbia, Croatia and Slovenia with the main goal of determining the influence of the parameters of the financial structure on economic growth. |
| first_indexed | 2024-12-13T03:12:41Z |
| format | Article |
| id | doaj.art-2295a99ea8a542c0948c2cdd11fc11df |
| institution | Directory Open Access Journal |
| issn | 0350-2120 2683-4162 |
| language | English |
| last_indexed | 2024-12-13T03:12:41Z |
| publishDate | 2019-01-01 |
| publisher | University of Novi Sad - Faculty of Economics, Subotica |
| record_format | Article |
| series | Anali Ekonomskog fakulteta u Subotici |
| spelling | doaj.art-2295a99ea8a542c0948c2cdd11fc11df2022-12-22T00:01:33ZengUniversity of Novi Sad - Faculty of Economics, SuboticaAnali Ekonomskog fakulteta u Subotici0350-21202683-41622019-01-012019421471620350-21201942147JImpact of financial structure on economic growth: Example of Serbia, Croatia and SloveniaJanković Miljana0Univerzitet u Kragujevcu, Ekonomski fakultetIt is well known that the processes of deregulation, globalization and information technology, which began in the 80s and 90s, led to a review of the fundamentals of the financial system and its structure. At that time, international activity is initiated in connection with the improvement of the financial system through the adjustment of the regulatory and institutional framework. The financial structure in its characteristics can be bank-based or market-based, which is largely conditioned by factors such as relevant policies, culture, infrastructure development, key national sectors of the economy. What is always actual is the question of the mutual influence of the financial sector and the real sector, i.e. the relationship between the parameters of the financial structure and financial development, from one side, and economic growth and development, from the other side, to which the unique answer does not exist. In connection with the above, the subject of research in the paper is the analysis of the financial structure in Serbia, Croatia and Slovenia with the main goal of determining the influence of the parameters of the financial structure on economic growth.https://scindeks-clanci.ceon.rs/data/pdf/0350-2120/2019/0350-21201942147J.pdfbank-based financial structuremarket-based financial structureeconomic growth |
| spellingShingle | Janković Miljana Impact of financial structure on economic growth: Example of Serbia, Croatia and Slovenia Anali Ekonomskog fakulteta u Subotici bank-based financial structure market-based financial structure economic growth |
| title | Impact of financial structure on economic growth: Example of Serbia, Croatia and Slovenia |
| title_full | Impact of financial structure on economic growth: Example of Serbia, Croatia and Slovenia |
| title_fullStr | Impact of financial structure on economic growth: Example of Serbia, Croatia and Slovenia |
| title_full_unstemmed | Impact of financial structure on economic growth: Example of Serbia, Croatia and Slovenia |
| title_short | Impact of financial structure on economic growth: Example of Serbia, Croatia and Slovenia |
| title_sort | impact of financial structure on economic growth example of serbia croatia and slovenia |
| topic | bank-based financial structure market-based financial structure economic growth |
| url | https://scindeks-clanci.ceon.rs/data/pdf/0350-2120/2019/0350-21201942147J.pdf |
| work_keys_str_mv | AT jankovicmiljana impactoffinancialstructureoneconomicgrowthexampleofserbiacroatiaandslovenia |