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TABLE 1. MACRO FINANCIAL DATA. The data presented below are from the Financial Structure Database (World Bank, 2005a) and World Development Indi Online (World Bank, 2005b). The sample consists of yearly observations for each country over the period 1990-2003 (unless indicated otherwise), depending or availability. EE-7” refers to the simple average of country-level data for Bulgaria, Czech Republic, Latvia, Lithuania, Poland, Romania and Russia, and “LA-7” ref the simple average of country-level data for Argentina, Brazil, Chile, Colombia, Mexico, Peru, and Venezuela. °DF created with pdfFactory trial version www.pdffactory.cor

Table 1 MACRO FINANCIAL DATA. The data presented below are from the Financial Structure Database (World Bank, 2005a) and World Development Indi Online (World Bank, 2005b). The sample consists of yearly observations for each country over the period 1990-2003 (unless indicated otherwise), depending or availability. EE-7” refers to the simple average of country-level data for Bulgaria, Czech Republic, Latvia, Lithuania, Poland, Romania and Russia, and “LA-7” ref the simple average of country-level data for Argentina, Brazil, Chile, Colombia, Mexico, Peru, and Venezuela. °DF created with pdfFactory trial version www.pdffactory.cor

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