The study examines the determinants of banks expansion in the East African Community (EAC) using data for Kenyan banks. The study estimates both a probit model based on a binary choice of expanding to the region or not, and a pooled panel regression model based on a bank's actual flow of foreign...

Many developing countries are looking to tourism as an avenue for economic and human development, and foreign direct investment (FDI) is one of the routes through which they can carry out tourism. This study highlights the main findings with respect to the development impacts of foreign direct...

Three decades ago, and with very few precedents, Spain's two principal banking corporations began an intense process of expansion throughout Latin America. Not only did they compete with one other in this new market, but they also faced competition from domestic Latin American banks and other...

Credit markets in many Eastern European countries are now dominated by foreign-owned banks. We analyze the development for foreign ownership and its impact on lending rate in ten Eastern European countries between 1995 and 2003. Currently, the majority of loans from foreign banks is granted by...