Banking on Democracy: The Political Economy of International Private Bank Lending in Emerging Markets
Author
Abstract
Suggested Citation
Download full text from publisher
Other versions of this item:
- Javier Rodríguez & Javier Santiso, 2007. "Banking on Democracy: The Political Economy of International Private Bank Lending in Emerging Markets," OECD Development Centre Working Papers 259, OECD Publishing.
References listed on IDEAS
- Stein, Ernesto H. & Streb, Jorge M., 2004.
"Elections and the timing of devaluations,"
Journal of International Economics, Elsevier, vol. 63(1), pages 119-145, May.
- Ernesto H. Stein & Jorge M. Streb, 1999. "Elections and the Timing of Devaluations," CEMA Working Papers: Serie Documentos de Trabajo. 140, Universidad del CEMA.
- Ernesto H. Stein & Jorge M. Streb, 1999. "Elections and the Timing of Devaluations," Research Department Publications 4164, Inter-American Development Bank, Research Department.
- Stein, Ernesto H. & Streb, Jorge M., 1999. "Elections and the Timing of Devaluations," IDB Publications (Working Papers) 1302, Inter-American Development Bank.
- Schultz, Kenneth A. & Weingast, Barry R., 2003. "The Democratic Advantage: Institutional Foundations of Financial Power in International Competition," International Organization, Cambridge University Press, vol. 57(1), pages 3-42, January.
- Rossi, Stefano & Volpin, Paolo F., 2004.
"Cross-country determinants of mergers and acquisitions,"
Journal of Financial Economics, Elsevier, vol. 74(2), pages 277-304, November.
- Volpin, Paolo & Rossi, Stefano, 2003. "Cross-Country Determinants of Mergers and Acquisitions," CEPR Discussion Papers 3889, C.E.P.R. Discussion Papers.
- Dani Rodrik & Romain Wacziarg, 2005. "Do Democratic Transitions Produce Bad Economic Outcomes?," American Economic Review, American Economic Association, vol. 95(2), pages 50-55, May.
- Sapienza, Paola, 2004. "The effects of government ownership on bank lending," Journal of Financial Economics, Elsevier, vol. 72(2), pages 357-384, May.
- Tavares, Jose & Wacziarg, Romain, 2001. "How democracy affects growth," European Economic Review, Elsevier, vol. 45(8), pages 1341-1378, August.
- Shang-Jin Wei, 2000. "Local Corruption and Global Capital Flows," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 31(2), pages 303-354.
- Marco Arena & Carmen Reinhart & Francisco Vázquez, 2006.
"The Lending Channel in Emerging Economics: Are Foreign Banks Different?,"
NBER Working Papers
12340, National Bureau of Economic Research, Inc.
- Mr. Francisco F. Vazquez & Ms. Carmen Reinhart & Mr. Marco Arena, 2007. "The Lending Channel in Emerging Economies: Are Foreign Banks Different?," IMF Working Papers 2007/048, International Monetary Fund.
- Wezel, Torsten, 2004. "Foreign Bank Entry into Emerging Economies: An Empirical Assessment of the Determinants and Risks Predicated on German FDI Data," Discussion Paper Series 1: Economic Studies 2004,01, Deutsche Bundesbank.
- International Monetary Fund, 2000. "Spillovers Through Banking Centers: A Panel Data Analysis," IMF Working Papers 2000/088, International Monetary Fund.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Ofori-Sasu, Daniel & Agbloyor, Elikplimi Komla & Nsafoah, Dennis & Asongu, Simplice A., 2024.
"Banking behaviour and political business cycle in Africa: The role of independent regulatory policies of the central bank,"
The Journal of Economic Asymmetries, Elsevier, vol. 29(C).
- Daniel Ofori-Sasu & Elikplimi Komla Agbloyor & Dennis Nsafoah & Simplice A. Asongu, 2024. "Banking Behaviour and Political Business Cycle in Africa: The Role of Independent Regulatory Policies of the Central Bank," Working Papers of the African Governance and Development Institute. 24/002, African Governance and Development Institute..
- Daniel Ofori-Sasu & Elikplimi Komla Agbloyor & Dennis Nsafoah & Simplice A. Asongu, 2024. "Banking Behaviour and Political Business Cycle in Africa: The Role of Independent Regulatory Policies of the Central Bank," Working Papers 24/002, European Xtramile Centre of African Studies (EXCAS).
- Christopher Hartwell, 2015. "Après le déluge: Institutions, the Global Financial Crisis, and Bank Profitability in Transition," Open Economies Review, Springer, vol. 26(3), pages 497-524, July.
- Sebastián Nieto Parra & Javier Santiso, 2008. "Wall Street and Elections in Latin American Emerging Economies," OECD Development Centre Working Papers 272, OECD Publishing.
- Daniel, L., 2008. "Foreign investors’ participation in emerging market economies’ domestic bond markets," Quarterly selection of articles - Bulletin de la Banque de France, Banque de France, issue 12, pages 61-77, Summer.
- Emmanuel Frot & Javier Santiso, 2011.
"Herding in Aid Allocation,"
Kyklos, Wiley Blackwell, vol. 64(1), pages 54-74, February.
- Emmanuel Frot & Javier Santiso, 2009. "Herding in Aid Allocation," OECD Development Centre Working Papers 279, OECD Publishing.
- Frot, Emmanuel & Santiso, Javier, 2009. "Herding in Aid Allocation," SITE Working Paper Series 5, Stockholm School of Economics, Stockholm Institute of Transition Economics, revised 02 Oct 2009.
- Javier Santiso, 2008. "Banking on Development. Private Financial Actors and Donors in Developing Countries," OECD Development Centre Policy Briefs 34, OECD Publishing.
- Javier Rodríguez & Javier Santiso, 2007. "Banking on Development: Private Banks ans Aid Donors in Developing Countries," OECD Development Centre Working Papers 263, OECD Publishing.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Shrabani Saha & Kunal Sen, 2019. "The corruption-growth relationship: Do political institutions matter?," WIDER Working Paper Series wp-2019-65, World Institute for Development Economic Research (UNU-WIDER).
- Pauline Grosjean & Claudia Senik, 2011.
"Democracy, Market Liberalization, and Political Preferences,"
The Review of Economics and Statistics, MIT Press, vol. 93(1), pages 365-381, February.
- Pauline Grosjean & Claudia Senik, 2011. "Democracy, Market Liberalization and Political Preferences," Post-Print halshs-00596078, HAL.
- Pauline Grosjean & Claudia Senik, 2011. "Democracy, Market Liberalization and Political Preferences," PSE-Ecole d'économie de Paris (Postprint) halshs-00596078, HAL.
- Paul Pelzl & Steven Poelhekke, 2023. "Democratization, leader education and growth: firm-level evidence from Indonesia," Journal of Economic Growth, Springer, vol. 28(4), pages 571-600, December.
- Matteo Cervellati & Alireza Naghavi & Farid Toubal, 2018.
"Trade liberalization, democratization, and technology adoption,"
Journal of Economic Growth, Springer, vol. 23(2), pages 145-173, June.
- Cervellati, Matteo & Naghavi, Alireza & Toubal, Farid, 2013. "Trade Liberalization, Democratization and Technology Adoption," IZA Discussion Papers 7132, Institute of Labor Economics (IZA).
- Matteo Cervellati & Alireza Naghavi & Farid Toubal, 2014. "Trade Liberalization, Democratization and Technology Adoption," Working Papers 2014-08, CEPII research center.
- Hany Abdel-Latif & Tapas Mishra & Anita Staneva, 2019.
"Arab Countries between Winter and Spring: Where Democracy Shock Goes Next!,"
Economies, MDPI, vol. 7(1), pages 1-19, March.
- Hany Abdel-Latif & Tapas Mishra & Anita Staneva, 2015. "Arab Countries Between Winter and Spring: Where Democracy Shock Goes Next!," Working Papers 954, Economic Research Forum, revised Oct 2015.
- NARITA Yusuke & SUDO Ayumi, 2021.
"Curse of Democracy: Evidence from 2020,"
Discussion papers
21034, Research Institute of Economy, Trade and Industry (RIETI).
- Yusuke Narita & Ayumi Sudo, 2021. "Curse of Democracy: Evidence from 2020," Cowles Foundation Discussion Papers 2281, Cowles Foundation for Research in Economics, Yale University.
- Daron Acemoglu & Suresh Naidu & Pascual Restrepo & James A. Robinson, 2019.
"Democracy Does Cause Growth,"
Journal of Political Economy, University of Chicago Press, vol. 127(1), pages 47-100.
- Daron Acemoglu & Suresh Naidu & Pascual Restrepo & James A. Robinson, 2014. "Democracy Does Cause Growth," NBER Working Papers 20004, National Bureau of Economic Research, Inc.
- Daron Acemoglu & Suresh Naidu & Pascual Restrepo & James A. Robinson, 2016. "Democracy Does Cause Growth," Boston University - Department of Economics - The Institute for Economic Development Working Papers Series dp-316, Boston University - Department of Economics.
- Linda S. Goldberg, 2007.
"Financial sector FDI and host countries: new and old lessons,"
Economic Policy Review, Federal Reserve Bank of New York, vol. 13(Mar), pages 1-17.
- Linda Goldberg, 2004. "Financial-Sector FDI and Host Countries: New and Old Lessons," NBER Working Papers 10441, National Bureau of Economic Research, Inc.
- Gradstein, Mark, 2005. "Democracy, Property Rights, Redistribution and Economic Growth," CEPR Discussion Papers 5130, C.E.P.R. Discussion Papers.
- Sunde, Uwe & Fortunato, Piergiuseppe & Cervellati, Matteo, 2011.
"Democratization and Civil Liberties: The Role of Violence During the Transition,"
CEPR Discussion Papers
8315, C.E.P.R. Discussion Papers.
- Cervellati, Matteo & Fortunato, Piergiuseppe & Sunde, Uwe, 2011. "Democratization and Civil Liberties: The Role of Violence During the Transition," Economics Working Paper Series 1108, University of St. Gallen, School of Economics and Political Science.
- Cervellati, Matteo & Fortunato, Piergiuseppe & Sunde, Uwe, 2011. "Democratization and Civil Liberties: The Role of Violence During the Transition," IZA Discussion Papers 5555, Institute of Labor Economics (IZA).
- Hibrahim Limi Kouotou & Boniface Ngah Epo, 2022. "Duration of heads of state in power and economic growth: a Sub-Saharan African tale," Economics Bulletin, AccessEcon, vol. 42(2), pages 1153-1170.
- Madsen, Jakob B. & Raschky, Paul A. & Skali, Ahmed, 2015. "Does democracy drive income in the world, 1500–2000?," European Economic Review, Elsevier, vol. 78(C), pages 175-195.
- Ethan Kapstein & Nathan Converse, 2006. "The Economics of Young Democracies: Policies and Performance," Working Papers 85, Center for Global Development.
- Fabrice Murtin & Romain Wacziarg, 2014.
"The democratic transition,"
Journal of Economic Growth, Springer, vol. 19(2), pages 141-181, June.
- Fabrice Murtin & Romain Wacziarg, 2011. "The Democratic Transition," NBER Working Papers 17432, National Bureau of Economic Research, Inc.
- Fabrice Murtin & Romain Wacziarg, 2014. "The democratic transition," Post-Print hal-03460288, HAL.
- Wacziarg, Romain & Murtin, Fabrice, 2011. "The Democratic Transition," CEPR Discussion Papers 8599, C.E.P.R. Discussion Papers.
- Freund, Caroline & Jaud, Melise, 2013.
"Regime Change, Democracy and Growth,"
CEPR Discussion Papers
9282, C.E.P.R. Discussion Papers.
- Caroline Freund & Mélise Jaud, 2014. "Regime Change, Democracy, and Growth," Working Paper Series WP14-1, Peterson Institute for International Economics.
- Yusuke Narita & Ayumi Sudo, 2021.
"Curse of Democracy: Evidence from the 21st Century,"
Papers
2104.07617, arXiv.org, revised Sep 2021.
- Yusuke Narita & Ayumi Sudo, 2021. "Curse of Democracy: Evidence from the 21st Century," Cowles Foundation Discussion Papers 2281R, Cowles Foundation for Research in Economics, Yale University, revised Aug 2021.
- Duong, Huu Nhan & Goyal, Abhinav & Kallinterakis, Vasileios & Veeraraghavan, Madhu, 2022. "Democracy and the pricing of initial public offerings around the world," Journal of Financial Economics, Elsevier, vol. 145(1), pages 322-341.
- Dörffel, Christoph & Freytag, Andreas, 2023.
"The poverty effect of democratization,"
World Development, Elsevier, vol. 165(C).
- Christoph Doerffel & Andreas Freytag, 2021. "The Poverty Effect of Democratization," Jena Economics Research Papers 2021-017, Friedrich-Schiller-University Jena.
- Utz Weitzel & Sjors Berns, 2006.
"Cross-border takeovers, corruption, and related aspects of governance,"
Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 37(6), pages 786-806, November.
- U. Weitzel & S. Berns, 2006. "Cross-Border Takeovers, Corruption, and Related Aspects of Governance," Working Papers 06-03, Utrecht School of Economics.
- Uwe Sunde, 2006.
"Wirtschaftliche Entwicklung und Demokratie – Ist Demokratie ein Wohlstandsmotor oder ein Wohlstandsprodukt?,"
Perspektiven der Wirtschaftspolitik, Verein für Socialpolitik, vol. 7(4), pages 471-499, November.
- Sunde, Uwe, 2006. "Wirtschaftliche Entwicklung und Demokratie - Ist Demokratie ein Wohlstandsmotor oder ein Wohlstandsprodukt?," Munich Reprints in Economics 19588, University of Munich, Department of Economics.
- Sunde, Uwe, 2006. "Wirtschaftliche Entwicklung und Demokratie: Ist Demokratie ein Wohlstandsmotor oder ein Wohlstandsprodukt?," IZA Discussion Papers 2244, Institute of Labor Economics (IZA).
More about this item
Keywords
Banks; Capital flows; Democracy; Emerging markets;All these keywords.
JEL classification:
- G2 - Financial Economics - - Financial Institutions and Services
NEP fields
This paper has been announced in the following NEP Reports:- NEP-BAN-2009-01-24 (Banking)
- NEP-POL-2009-01-24 (Positive Political Economics)
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:12907. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Joachim Winter (email available below). General contact details of provider: https://edirc.repec.org/data/vfmunde.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.