Banking reform and economic growth. Example countries in transition Cover Image

Reformy bankowe a wzrost gospodarczy. Przykład krajów transformujących się
Banking reform and economic growth. Example countries in transition

Author(s): Adam Baszyński
Subject(s): Economy, Financial Markets, Public Finances
Published by: Polskie Towarzystwo Ekonomiczne w Zielonej Górze
Keywords: banking reforms; transition; economic growth; correlation coefficient

Summary/Abstract: This article aims to look for correlation between progress in banking reforms and economic growth in transition countries in the period 1989-2010. Study carried out on the basis of panel data shows a moderate negative correlation between the development of banking reforms and economic growth. In contrast, the correlation indicator describing the progress of banking reforms with GDP per capita is moderately positive. From a policy perspective, this means the lack of supporting the process of economic growth by the banking reforms taking place in the transition countries. However, the progress of banking reforms is the greater the higher the level of GDP per capita.

  • Issue Year: 3/2016
  • Issue No: 4
  • Page Range: 4-16
  • Page Count: 13
  • Language: Polish