The role of the financial sector in enhancing economic growth in Lao PDR / Kristina Spantig
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The role of the financial sector in enhancing economic growth in Lao PDR
Discovery
807096342
URN
urn:nbn:de:gbv:3:2-63272
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Publication history
Jena / Halle : Univ., 2014
Content
Online-Ressource (PDF-Datei: 34 S., 0,69 MB) : graph Darst.
Edition
Language
eng
Comment
Abstract
In recent years the Lao PDR's financial sector developed fast in terms of financial depth, intermediation and distribution. A developed financial sector is the basis for dynamic economic growth. Yet, unsustainable financial liberalization and growth poses risks to financial sector stability. The study scrutinizes the role of the financial sector in enhancing economic gworth in Lao PDR and aims to answer the question of adequate financial sector supervision with respect to the economy's development. It is argued that only a prudentially supervised financial sector can enhance the economic growth performance of Lao PDR in the medium and long run.
Series
Global financial markets ; 54 ppn:598208976