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Banks, financial liberalization, and the "interest rate premium puzzle" in East Asia

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Complexities of financial globalisation : analytical and policy issues in emerging and developing economies

Cavoli, Tony; Gopalan, Sasidaran; Rajan, Ramkishen S. - 2020

"Since the 1990s, several emerging market and developing economies (EMDEs) have, to varying degrees, embraced the process of financial globalisation, broadly defined as a set of policies that involve allowing for greater openness to cross-border capital flows as well as greater market access to...