Financial Deepening and Financial Liberalization
Xingyun Peng
Abstract
Xingyun Peng
Abstract
Since the 1970s, the world has been swept up in a wave of economic liberalization. The financial sector is no exception, particularly the economic liberalization of several developing countries, the scope, extent and speed of which constitutes some of the most dazzling of international economic policy changes. In the financial sector, financial liberalization is primarily based on the theory of financial deepening. In this chapter, we will introduce the theory of financial deepening and the basic content of financial liberalization.
A significance statement is not available in the OpenAlex record.
A contribution statement is not available in the OpenAlex record.
Method details are not available in the OpenAlex metadata.
Findings are not separately available in the OpenAlex metadata.
Limitations are not available in the OpenAlex metadata.
Application details are not available in the OpenAlex metadata.
Since the 1970s, the world has been swept up in a wave of economic liberalization. The financial sector is no exception, particularly the economic liberalization of several developing countries, the scope, extent and speed of which constitutes some of the most dazzling of international economic policy changes. In the financial sector, financial liberalization is primarily based on the theory of financial deepening. In this chapter, we will introduce the theory of financial deepening and the basic content of financial liberalization.
Key concepts: Liberalization, Scope (computer science), Financial deepening, Financial sector, Economics, Financial system, Indirect finance, Economic liberalization