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traditional, institutional based, but will need to resemble that used in other network industries. Furthermore, with globalization … the General Agreement on Trade in Services (GATS) process and the disciplines of the World Trade Organization. GATS can be … difficult to establish otherwise. "--World Bank web site …
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in banking"--World Bank web site …
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The regulatory and supervisory practices most effective in promoting good performance and stability in the banking sector are those that force accurate information disclosure, empower private sector monitoring of banks, and foster incentives for private agents to exert corporate control
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