This paper builds a dataset on bank ownership that covers more than 6,500 banks in 181 countries (59 low-income economies, 72 middle-income economies, and 50 high-income economies) over 1995-2020. I show that until 2010, there was a reduction in state-ownership of banks and an increase foreign...

Recent international macroeconomics literature on global imbalances explains the U.S. persistent current account deficit and emerging countries' surplus. Little research has been done at the banking-sector level, where U.S. banks are lenders to banks in emerging countries. We build a two-country...

This paper explores the impact of corruption on both the banking sector and economic growth; we determine the impact using aggregate data from the World Bank covering 120 countries over the period 2004-2017. The results of 3SLS regressions show that the relationship between corruption and the...