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              <text>Financial Development Convergence: Evidence from Top and Bottom Globalised Developing Economies</text>
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              <text>convergence analysis; E44; F36; F65; financial development; financial institutions; financial markets; Globalization</text>
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              <text>This paper investigates the pattern of the financial development convergence for the top (Europe and Central Asia) and the bottom (South Asia) globalized developing regions from 1984 to 2016. We employ the Philips-Sul club convergence approach to measure the financial development convergences speed. The results validate the convergence of financial development in all countries, including the top and bottom of globalized developing regions. Interestingly, the speed of financial development convergence is less in the bottom globalized developing region than in the top globalized developing region. However, these results vary across developing regions in the case of financial institutions and financial markets. Therefore, solid financial market governance can provide a productive and efficient financial system, particularly in the bottom globalized economies.  2023 The Author(s). Published with license by Taylor &amp;amp; Francis Group, LLC.</text>
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              <text>Zhao Z.; Han D.; Pal S.; Mahalik M.K.; Gozgor G.</text>
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              <text>Emerging Markets Finance and Trade, Vol-60, No. 8, pp. 1599-1622.</text>
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              <text>2024-01-01</text>
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              <text>&lt;a href="https://doi.org/10.1080/1540496X.2023.2284300" target="_blank" rel="noreferrer noopener"&gt;https://doi.org/10.1080/1540496X.2023.2284300&lt;/a&gt;
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              <text>All Open Access; Hybrid Gold Open Access</text>
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              <text>ISSN: 1540496X</text>
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              <text>Zhao Z., Institutes of Science and Development, Chinese Academy of Sciences, Beijing, China; Han D., International Business Strategy Institute, University of International Business and Economics (UIBE), Beijing, China; Pal S., Department of Humanities and Social Sciences, Indian Institute of Technology, Kharagpur, India, School of Business and Management, Christ University (Deemed to be University), Karnataka, Bangaluru, India; Mahalik M.K., Department of Humanities and Social Sciences, Indian Institute of Technology, Kharagpur, India; Gozgor G., School of Management, University of Bradford, Bradford, United Kingdom, Faculty of Political Sciences, Istanbul Medeniyet University, Istanbul, Turkey, Adnan Kassar School of Business, Lebanese American University, Beirut, Lebanon</text>
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