Journal of Economics and Management Sciences <p>Journal of Economics and Management Sciences (JEMS) is an international, double-blind peer-reviewed, open-access journal published by IDEAS SPREAD INC. The journal is published in both print and online versions. The online version is free access and download.<br>The journal focuses on the following topics: Corporate Ggovernance, Human Resource Management, Strategic Management, Entrepreneurship, Marketing, E-business, Services, Information Technology Management, Production &amp; Operations Management, Financial Management, Decision Analysis, Management Research Methods and Managerial Economics, etc.</p> en-US <p>Copyright for this article is retained by the author(s), with first publication rights granted to the journal.<br>This is an open-access article distributed under the terms and conditions of the Creative Commons Attribution license (</p> (Jamie Brown) (Technical Support) Fri, 29 Mar 2024 10:26:03 +0800 OJS 60 Analyzing the Impact of Macroeconomic Variables on Financial Stability: Evidence from South Asian Economies <p class="text"><span lang="EN-US">This research examines whether macroeconomic variables disturb the financial stability of SAARC countries in 1996-2022 using panel ARDL approach. We shape the financial stability as the dependent variable, and we have developed a PCA index of financial stability (principal component analysis). This study contains of macroeconomic models with a wide choice of possibly related variables for financial stability, using financial flows, financial openness, macroeconomic stability, exchange rate and economic growth on a sample of five countries between 1996 and 2022. Our experimental suggestion proposes that most of the macroeconomic variables have a positive impact on financial stability. Therefore, our outcomes support the view that the development of macro-economic policies and political programs should be part of financial improvement. All these variables may enhance the financial stability of the countries which are under consideration.</span></p> Aleena Pasha ##submission.copyrightStatement## Thu, 28 Mar 2024 00:00:00 +0800