One of the persistent policy problems faced by governments contemplating financial liberalizations is the question of whether to allow foreign banks entry into the domestic economy. This question has become ever more urgent in recent times, due to rapid financial globalization, coupled with the credit contractions experienced as a result of the 2007/08 financial crisis. This paper examines the question of whether opening the financial sector to foreign...
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INFORMACIÓN
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2013/09/01
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WPS6590
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1
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1
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2013/09/01
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Disclosed
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Foreign bank behavior during financial crises
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foreign bank