التطور المالي و الأزمة المالية و العولمة : حالة الأردن

الملخص EN

This study aims to examine the causality between financial development and the financial crisis and the globalization of trade and financial openness in Jordan, using the cointegration methods and autoregressive distributed lags ARDL.

It found that the interaction of openness cause financial development, as well as openness to trade or financial openness.

In addition, the opening of trade leads crisis, caused financial instability.

And almost a financial crisis in Jordan occur during 2003.