deepening shows to extend to which the funds saved in the financial system are transferred
real sector and as the level of financial deepening increases countries can
develop more economically and financially. The level of financial deepening differs
in terms of developed and developing countries. Factors to be taken into consideration
in each country can be changed according to the financial, social and institutional
structures of the countries in the increase of the level of financial deepening.
The aim of the study is to determine which developing countries are different from
each other in terms of financial deepening and which have similar characteristics.
In order to achieve this aim, a cluster analysis was carried out on 17 emerging
countries with financial deepening data covering the period from 1997 to 2014.
As a result of the analysis, the countries were divided into four groups in
terms of financial deepening and the countries with similar financial deepening
were in the same cluster and the non-similar countries were in different clusters.
|Yayımlanma Tarihi||30 Ağustos 2019|
|Başvuru Tarihi||13 Temmuz 2018|
|Kabul Tarihi||24 Temmuz 2019|
|Yayınlandığı Sayı||Yıl 2019, Cilt 14, Sayı 2|