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The latest global financial and economic crisis reignited the debate on the costs and benefits of foreign bank presence … other fundamental factors, rather than the actual dynamics of foreign bank presence. The availability of bank funding is one …
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This paper provides an overview of the Programme for Financial Revival announced in October 2002 in Japan. The programme aimed to dramatically reduce the large amount of non-performing loans that remained until the end of the 1990s. In addition to solving the problem of bad loans, the Programme...
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