How Long to Read Financial Development and Growth in the Caucasus and Central Asia

By Mr. Tigran Poghosyan

How Long Does it Take to Read Financial Development and Growth in the Caucasus and Central Asia?

It takes the average reader and 25 minutes to read Financial Development and Growth in the Caucasus and Central Asia by Mr. Tigran Poghosyan

Assuming a reading speed of 250 words per minute. Learn more

Description

This paper presents stylized facts on financial development in the CCA countries relative to their EM and LIC peers and assesses how financial development can boost growth in the CCA. Drawing on IMF’s multidimensional index of financial development, we find that CCA countries have made progress following the independence in early 1990s. However, the progress was uneven across the CCA, resulting in a divergence of financial development over time and mixed performance relative to EM and LIC peers. Financial institutions have progressed the most, while financial markets remain underdevelped in most CCA countries except Kazakhstan. In terms of sub-indicators of financial development, financial access has expanded markedly, while the depth of financial intermediation has remained largely shallow and efficiency of financial intermediation has fluctuated over time. Standard growth regressions suggest that CCA countries with relatively lower level of financial development have scope to boost annual growth rates between 0.5-2.5 percent by reaching the level of financial development of frontier CCA countries.

How long is Financial Development and Growth in the Caucasus and Central Asia?

Financial Development and Growth in the Caucasus and Central Asia by Mr. Tigran Poghosyan is 25 pages long, and a total of 6,375 words.

This makes it 8% the length of the average book. It also has 8% more words than the average book.

How Long Does it Take to Read Financial Development and Growth in the Caucasus and Central Asia Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 34 minutes to read Financial Development and Growth in the Caucasus and Central Asia aloud.

What Reading Level is Financial Development and Growth in the Caucasus and Central Asia?

Financial Development and Growth in the Caucasus and Central Asia is suitable for students ages 8 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

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