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This paper examines whether regulation that is more conducive to competitive and efficient financial systems has a … external sources of funding tend to grow faster in countries that have more competition-friendly regulation in markets for … banking services and financial instruments. The regulatory indicators are assembled from surveys conducted by the World Bank …
Persistent link: https://www.econbiz.de/10012444857
a tighter regulation of lenders. Enhancing competition in the banking market would also impose discipline on lending …
Persistent link: https://www.econbiz.de/10012446331
The Indian financial system has changed considerably since the 1990s. Interest rates have been deregulated and new entrants allowed in the banking and the securities business. The Indian equity market has become world-class. New private banks have emerged that are more customer-oriented than the...
Persistent link: https://www.econbiz.de/10009149951
did reveal vulnerabilities in the non-banking sector . particularly in the corporate-bond market. Conservative regulation …
Persistent link: https://www.econbiz.de/10009386332
point per annum. Economic output is mainly affected by an increase in bank lending spreads as banks pass a rise in bank … Tier 1 capital ratio) could increase bank lending spreads by about 50 basis points. The estimated effects on GDP growth …
Persistent link: https://www.econbiz.de/10008838314
Financial innovation and integration have spurred financial development and enhanced consumer choice. Financial integration has also been associated with the emergence of large, complex, cross-border financial institutions (LCFIs). This has changed risk profiles and made cross-border contagion...
Persistent link: https://www.econbiz.de/10012446256
The Mexican banking crisis of 1994/95 necessitated a major government rescue operation - estimated to have cost about 20 per cent of GDP. Since then, financial sector reforms have been implemented and the performance of the Mexican financial system has markedly improved, as shown by indicators...
Persistent link: https://www.econbiz.de/10012446004
Much scope remains to make regulation of product markets more conducive to competition ? notwithstanding progress in … objectives in energy market regulation could be achieved at lower cost. In the telecommunications industry, competition in the … local loop can be strengthened. Regulation of the liberal professions is among the most restrictive in the OECD. Entry …
Persistent link: https://www.econbiz.de/10012443967
This paper assesses Brazil’s regulatory framework and agencies for several network industries (electricity, oil and gas, and water and sanitation). Private investment can be encouraged by tackling regulatory uncertainty in many areas. To this end, recent initiatives include a new regulatory...
Persistent link: https://www.econbiz.de/10012444125
the United States, is that the heavy regulation of Europe reduces its growth. Using newly assembled data on regulation in … several sectors of many OECD countries, we provide substantial and robust evidence that various measures of regulation in the …
Persistent link: https://www.econbiz.de/10012444698