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This paper examines the relationship between political competition and financial development across a global sample of … of Acemoglu and Robinson (2006) and Besley et al. (2010), we explore whether political competition impacts financial … efficiency of the financial sector, we find a Ushaped relationship between political competition and financial development in the …
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The move to European Banking Union involving the supervision and resolution of banks at euro-area level was stimulated by the sovereign debt crisis in the euro area in 2012. However, the long-term objective of Banking Union is dealing with intensified cross-border banking. The share of the...
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