The relationship between diversity and stability of financial markets: study developing countries

masood khodapanah¹ ali rahimzadeh²

1) M. Khoda Panah: Astadayar and martyr Chamran University faculty member
2) Ali Rahim zadeh graduate student at Azad University Persian Gulf

IOI Code : XYHC-BEHGG
Publication : 4th International Conference on Modern Research’s in Management,Economics & Accounting(4meaconf.com)
Abstract :
    The world is heterogeneous with very different economies. However, economic growth and development, including economic goals that will follow. The reason for this, there are many benefits that will be realized in the process of growth. However, achieving high and sustainable economic growth needs to answer the question is what factors provide economic growth? And how the economic growth rate and factors, and various policies affected? The importance of development of financial markets in economic growth Until recently, the debate has been forgotten in development economics. But in recent years new Rvykrdry financial sector has been seen in international studies. The aim of this study was to investigate the relationship between diversity and stability of financial markets in selected countries during the period 2012-1999 to developing methods of data combination. The results showed that the effects of bank credit, the effects of foreign trade, foreign investment and financial impact of positive economic growth and in terms of diversity index was statistically significant (WHO).

Keywords : diversity of financial markets economic stability developing countries panel data