Влияние результатов научных исследований в области финансов на финансовое развитие: эмпирическое исследование на примере экономик стран Ближнего Востока

Основная цель работы — определить влияние результатов научных исследований в области финансов, как в количественном, так и в качественном отношении, на развитие финансового сектора. Авторами проведен анализ данных в период с 2000 по 2017 г., включая 15 стран Ближнего Востока, с использованием двухступенчатого метода SYS-GMM. Эмпирические данные показывают значительную корреляцию между объемом научных исследований в области финансов, общей активностью и стабильностью финансового сектора. В то же время качество результатов исследований в области финансов положительно влияет только на активность финансового сектора, а на его стабильность оказывает заметное отрицательное влияние. Этот результат предполагает, что высоко оцененные исследования в области финансов могут принимать больший риск в период национальных реформ, исходя из убеждения «нет боли — нет выгоды». Высококачественные исследования в области финансов часто предоставляют обществу ценные идеи, минимизируют риски и неопределенности, а также помогают формировать политику и стратегии реформ для их успешной реализации. Крайне важно, чтобы политические деятели Ближнего Востока ориентировали на улучшение как количества, так и качества финансовых исследований и оказывали поддержку исследователям. Это позволит им достичь желаемого уровня экономического роста и повлияет на развитие финансового сектора. Также политики могут обращаться за рекомендациями к авторитетным экономистам, чтобы ослабить уровень нестабильности в финансовом секторе, предпринимая необходимые, но одновременно рискованные шаги для успешного проведения реформ. На сегодняшний день не обнаружено ни одно исследование, которое бы изучало влияние научных исследований в области финансов на финансовое развитие, как в количественном, так и в качественном отношении.

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