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Foreign Banks in Economic Development: Experiences from the Regulated Financial System of South Korea

Author

Listed:
  • Muller, R.

Abstract

Various less developed countries and newly industrialized countries use financial regulation as an instrument for industrial policy. Based on a theoretical analysis, this paper provides empirical evidence for South Korea on how foreign banks compete in a regulated environment and how competition changes with regulation.

Suggested Citation

  • Muller, R., 2000. "Foreign Banks in Economic Development: Experiences from the Regulated Financial System of South Korea," Papers 110, American Cairo - Economics and Political Sciences.
  • Handle: RePEc:fth:cairam:110
    as

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    More about this item

    Keywords

    ECONOMIC DEVELOPMENT ; FINANCIAL MARKET ; BANKS;

    JEL classification:

    • G20 - Financial Economics - - Financial Institutions and Services - - - General
    • L50 - Industrial Organization - - Regulation and Industrial Policy - - - General
    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General

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