risky, which is consistent with the demise of the U.S. investment banking sector. "--World Bank web site …

"The relationships among competition in the financial sector, access of firms to external financing, and associated … economic growth are ambiguous in theory. Moreover, measuring competition in the financial sector can be complex. In this paper … Claessens and Laeven first estimate for 16 countries a measure of banking system competition based on industrial organization …

ADR listings of local firms might not negatively affect local markets if the investment climate is good. "--World Bank web …