Financial Markets, Institutions and Risks (FMIR)

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The Efficiency of the Financial System: A Comparison of Developed and Less Developed Countries
(Sumy State University, 2020) Kaya, H.D.
In this study, our objective is to find whether high-income countries have a more efficient financial system when compared to middle- and low-income countries. We expect high-income countries to have a better, more efficient financial system when compared to other countries. Our second objective is to find whether high-income OECD countries have a more efficient financial system when compared to high-income non-OECD countries.