Globalization
Annamohammad Agharkakli; Mahmood Yahyazadehfar; Mehdi Nobakht
Volume 6, Issue 22 , January 2016, , Pages 56-37
Abstract
The purpose of this paper is measuring of international financial development and its effect on economy’s globalization in South-West Asia countries and Iran during the years 2004-2011.To do so, we have applied the data that published by the World Bank in 2014. In this research, Eviews econometric ...
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The purpose of this paper is measuring of international financial development and its effect on economy’s globalization in South-West Asia countries and Iran during the years 2004-2011.To do so, we have applied the data that published by the World Bank in 2014. In this research, Eviews econometric software and panel data method are used. The results of measure has shown that the international financial development index in south-west Asia countries during the years 2004-2011 is estimated at 0.21. and the average score of 0.39 is for Iran. So, in the international financial setor, Iran has titeled as relatively developed country among the south-west Asian countries. The results have shown that the international financial development index in southwest Asia and Iran is negative with a decreasing trend and also the index has decreased over the period. Finaly the results have shown that the relationship between international financial development index and economy’s globalization is significant.
