Researchers have available to them numerous indicators of financial openness and
integration, many of which have yielded substantially differing results in past research, for …

New Issues in Islamic Finance & Economics: Progress and Challenges provides a review of
the main issues and challenges facing Islamic finance. The application of Islamic finance is …

In the aftermath of the 2008 global financial crisis, the implications of financial liberalisation
for stability and economic growth have come under increased scrutiny. One strand of …

We investigate whether financial openness leads to financial development after controlling
for the level of legal development using a panel encompassing 108 countries over the …

We create a new index that measures the extent of openness in capital account transactions.
Despite the abundance of literature and policy analyses regarding the effect of financial …

This paper addresses the empirical question of whether trade and financial openness can
help explain the recent pace in financial development, as well as its variation across …

Workers' remittances to developing countries have become the second largest type of flows
after foreign direct investment. This paper uses data on remittance flows to 109 developing …

It is widely accepted that democracies are less conflict prone, if only with other democracies.
Debate persists, however, about the causes underlying liberal peace. This article offers a …

We investigate whether financial development benefits from financial globalisation are
questionable until certain thresholds of financial globalisation are attained. The empirical …

We show a statistically significant and economically relevant effect of open capital accounts
on financial depth and economic growth in a cross-section of countries over the periods …