| Abstract [eng] |
Country's economic growth is influenced by many factors, such as country's legal system, social and demographic environment and, of course, business environment. Many scientist tried to explain the reasons why some country‘s economies growth faster than the others. They have discovered that this difference depends on the structure by which country‘s financial system is formed. Countries according to the structure of the financial system are grouped into markets and the banks oriented. The link between financial structure and economic growth is studied since 19 century, but the exact answer, whether this causal relationship exists, still is not found. |
