TY - JOUR
T1 - Financial Liberalization and Foreign Bank Entry in Emerging and Developing Economies
T2 - What Does the Literature Tell Us?
AU - Gopalan, Sasidaran
N1 - Publisher Copyright:
© 2015 World Scientific Publishing Company.
Copyright:
Copyright 2015 Elsevier B.V., All rights reserved.
PY - 2015/1/1
Y1 - 2015/1/1
N2 - An important feature of international financial liberalization in several emerging market and developing economies (EMDEs) over the last two decades has been the rising foreign bank participation in their domestic banking systems. While the term financial liberalization has been widely used in literature, it is often not carefully defined. What is the relationship between foreign bank entry and financial liberalization? This paper lays out a simple framework to understand the different components of financial liberalization, its relationship with domestic deregulation as well as foreign bank entry and also surveys the trends and implications of foreign bank entry in EMDEs.
AB - An important feature of international financial liberalization in several emerging market and developing economies (EMDEs) over the last two decades has been the rising foreign bank participation in their domestic banking systems. While the term financial liberalization has been widely used in literature, it is often not carefully defined. What is the relationship between foreign bank entry and financial liberalization? This paper lays out a simple framework to understand the different components of financial liberalization, its relationship with domestic deregulation as well as foreign bank entry and also surveys the trends and implications of foreign bank entry in EMDEs.
KW - financial development
KW - financial liberalization
KW - Foreign bank entry
UR - http://www.scopus.com/inward/record.url?scp=84942082746&partnerID=8YFLogxK
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U2 - 10.1142/S1793993315500076
DO - 10.1142/S1793993315500076
M3 - Article
AN - SCOPUS:84942082746
VL - 6
JO - Journal of International Commerce, Economics and Policy
JF - Journal of International Commerce, Economics and Policy
SN - 1793-9933
IS - 2
M1 - 1550007
ER -