Financial and Monetary Systems

Poor countries have the least-developed financial systems – that has to change

Economic development depends on the local financial system, but not solely on the local financial system. Image: REUTERS/Nicky Loh

Peter Nunnenkamp

Holger Görg

Professor of International Economics at the University of Kiel and Head of the Research Area “Global Division of Labour”, Kiel Institute for the World Economy

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Financial and Monetary Systems

 Composite indicator of financial market development
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