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As a main policy implication, countries in the top and bottom ends of the financial efficiency and activity distributions are unlikely to benefit from enhanced financial allocation efficiency as a result of an increase in public credit registries.
As a main policy implication, countries in the top (or highest levels of financial development) and bottom (or lowest levels of financial development) ends of the financial efficiency and activity distributions are unlikely to benefit from enhanced financial allocation efficiency owing to an increase inpublic credit registries.
Enhanced financial institutions could serve the real purpose that financial theory proposes: serving the people.
"Those who successfully link energy efficiency to financial efficiency are reaping the dividends.
Joe Caccio '12 has benefited from Cornell's enhanced financial aid policies.
In the aftermath of the East Asian financial crisis, western nations established a new international financial architecture that relied upon enhanced financial transparency and international financial standards, including international financial reporting and auditing standards, to govern an expanding and crisis-prone international financial system.
Still, only average in financial efficiency.
Financial efficiency is hardly the end-all.
For definitions of financial efficiency, click here.
Financial development is captured through two aspects of the financial system of Cameroon; financial depth and financial efficiency.
For example, financial efficiency is measured as the ratio of financial activity (credit) to financial depth (deposits).
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CEO of Professional Science Editing for Scientists @ prosciediting.com