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This paper looks at the issue of reforming financial regulatory structures from the New Institutional Economics perspective. In particular, it examines how the broader institutional environment prevailing in developing countries like the Philippines may affect the institutional arrangements for...
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1. The Chaebol problem and the economic policy dilemma -- 2. Industrial policies and the growth of the Chaebol -- 3. Critical review of the traditional perception of the Chaebol problem -- 4. A new interpretation of the Chaebol problem and evaluation of Chaebol policy -- 5. The role of...
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