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In 1997, the Mexican government reversed long-standing policies and allowed foreign banks to purchase Mexico's largest commercial banks and relaxed restrictions on the founding of new, foreign-owned banks. The result has been a dramatic shift in the ownership structure of Mexico's banks. For...
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This paper examines the impact of the deregulation of compulsory industrial licensing in India on firm size dynamics … and reallocation of resources within industries. Following deregulation, resource misallocation declines and the left … deregulation on firm size are significantly non-linear. The reallocation of market shares toward a small number of large firms and …
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