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Australia has been the lucky country for a long time. First, it rode off the sheep's back. Then it became a quarry for emerging economies. It deregulated its financial sector, abandoned manufacturing, has ridden an apparently endless urban-land boom, and has gone over 25 years without a...
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Information costs and regulatory barriers are the main distinguishing features of international financial markets as compared to national financial markets. This paper presents a simple model of the impact of these factors on banks' cross-border activities and provides empirical evidence. Our...
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countries worldwide have engaged in financial deregulation, nowhere is this pattern more pronounced than in East Asia, where it … essays, American and Asian scholars analyze the effects of financial deregulation and integration on East Asian markets … financial liberalization in Japan, Korea, and Singapore. Demonstrating the complexity of financial deregulation and the …
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