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stringent bank regulation and supervision consistent with regulatory arbitrage, but that they prefer to originate loans in …-border syndicated loan market. Lending provided through a foreign subsidiary is subject to subsidiary-country regulation and …
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financial regulation. First, the paper proposes a broad index of regulatory quality for financial inclusion, emphasizing the …
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This paper introduces a new global database and a policy classification framework that records the financial sector policy response to the COVID-19 pandemic across 154 jurisdictions. It documents that authorities around the world have taken a diverse array of measures to mitigate financial...
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