The Role Of Financial System Indicators In Supporting Economic Development In Syria
Abstract
The financial system plays an important role in the economies of countries, Because of its overlap and interdependence with many variables of economic activity. Thus, an efficient financial system enhances economic and financial stability, and promotes investment and growth. The financial system is the main instrument for financing economic development, by directing surplus funds to channels that serve the financial preference of the state, so this research aims to identify the extent of the financial system in Syria's contribution to supporting the process of economic development.
The research relied on the descriptive analytical approach, by considering the GDP as a dependent variable, and the rest of the financial system variables as independent variables (bank credit, public expenditures, investment), The "inflation rate" and "political stability index" variables were entered as "control" variables, for a period between (2004-2017). The measurement was done by finding the multiple regression equation, using the SPSS program to extract the data.
The research reached the conclusion that: The financial system affects on economic development in Syria, Where bank credit affects positively on GDP, This is offset by a higher rate of growth in the volume of public expenditures than in the rate of growth of the gross domestic product, as well as a weak investment contribution to GDP during The study period.
Downloads
Published
How to Cite
Issue
Section
License
This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.
-
The authors retain the copyright and grant the right to publish in the magazine for the first time with the transfer of the commercial right to Tishreen University Journal of Research and Scientific Studies - Economic and Legal Sciences
Under a CC BY- NC-SA 04 license that allows others to share the work with of the work's authorship and initial publication in this journal. Authors can use a copy of their articles in their scientific activity, and on their scientific websites, provided that the place of publication is indicted in Tishreen University Journal of Research and Scientific Studies - Economic and Legal Sciences . The Readers have the right to send, print and subscribe to the initial version of the article, and the title of Tishreen University Journal of Research and Scientific Studies - Economic and Legal Sciences Publisher
-
journal uses a CC BY-NC-SA license which mean
You are free to:
- Share — copy and redistribute the material in any medium or format
- Adapt — remix, transform, and build upon the material
- The licensor cannot revoke these freedoms as long as you follow the license terms.
-
Attribution — You must give appropriate credit, provide a link to the license, and indicate if changes were made. You may do so in any reasonable manner, but not in any way that suggests the licensor endorses you or your use.
-
NonCommercial — You may not use the material for commercial purposes.
-
ShareAlike — If you remix, transform, or build upon the material, you must distribute your contributions under the same license as the original.
- No additional restrictions — You may not apply legal terms or technological measures that legally restrict others from doing anything the license permits.