Titlebook: Determinants of Financial Development; Yongfu Huang Book‘‘‘‘‘‘‘‘ 2011 The Editor(s) (if applicable) and the Author(s) 2011 development.fin

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Conclusion,rkets. Chapters 2 to 5 examined specific issues related to financial development whilst Chapter 6 was about the geographic determinants of CDM development, which is an important part of carbon markets, especially for developing countries.

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Geographic Determinants of Carbon Markets (CDM),ct that can demonstrate a reduction of CO. emissions in comparison to the level of emissions in the absence of the project investment. The most notable examples of such activities are the Clean Development Mechanism (CDM) and the Joint Implementation (JI) schemes under the Kyoto Protocol.

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General Determinants of Financial Development,modern quantitative methods, Bayesian Model Averaging (BMA) and General-to-specific (Gets) approaches, to gauge the robustness of a selection of possible determinants of financial development. Special emphasis has been placed on the contributions that institutions, policy and geography may have in d

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