Development of Banking Activities in Emerging Market Economy Countries
https://doi.org/10.26794/2308-944X-2020-8-2-26-42
Abstract
This paper aims to understand the development of banking activities in emerging market economies not only for evaluating the impact of them for encouraging emerging economies’ growth, but also establish the overall effect of these processes to the global financial market. The object of study is the banking activities of emerging market economies, and the subject is the impact of banking activities development on the economic growth of emerging market economies. The author substantiated the thesis that for emerging market economies’ financial development should be examined in terms of banking stability, competition, and economic growth. The author also reveals specific characteristics that distinguish banking activities of emerging market economies from developed countries by evaluation of bank performance using criteria of stability, profitability, and efficiency.
About the Author
O. NaranguaRussian Federation
Otgontugs Narangua - BA in Economics, International Finance Faculty, Department of the World Economy and International Finance; Scientific advisor A.S. Fedunin, Ph.D. in Economics, Associate Professor, Department of the World Economy and International Finance
Moscow
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Review
For citations:
Narangua O. Development of Banking Activities in Emerging Market Economy Countries. Review of Business and Economics Studies. 2020;8(2):26-42. https://doi.org/10.26794/2308-944X-2020-8-2-26-42