![Introducing a New Broad-Based Index of Financial Development](/summary-img/26495-IRQEZ9AG.jpg?h=M&b=0)
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Data drive modern economics, but one of the biggest missing data sets involves aspects of a country’s financial development. Until now, only rough approximations served to explain how finance influences growth and prosperity. Economist Katsiaryna Svirydzenka attempts to fill this gap by introducing a series of indices capturing different measures of financial markets and institutions. getAbstract recommends this thoughtful and groundbreaking addition to the research on financial development and growth to economists and analysts.
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About the Author
Katsiaryna Svirydzenka is an economist at the International Monetary Fund.
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