Financial Liberalization and Foreign Bank Entry in Emerging and Developing Economies: What Does the Literature Tell Us?

Sasidaran Gopalan

Research output: Contribution to journalArticle

2 Citations (Scopus)

Abstract

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.

Original languageEnglish
Article number1550007
JournalJournal of International Commerce, Economics and Policy
Volume6
Issue number2
DOIs
Publication statusPublished - Jan 1 2015
Externally publishedYes

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Keywords

  • financial development
  • financial liberalization
  • Foreign bank entry

ASJC Scopus subject areas

  • Business, Management and Accounting(all)
  • Finance
  • Economics and Econometrics

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