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Models, evolution & efficiency Regulation of financial markets in Russia

The paper examines the relationship between the degree of the integration of financial regulation and the level of economic development. The main finding is that factors such as population and economy size have negative effects on financial regulation integration, while quality of governance, the size of the non-banking financial market sector and regulatory quality have a positive impact.

By Maria Chernova and Alexander Abramov and Alexander Radygin November 19, 2015