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Financial Liberalisation and Foreign Bank Entry: What Is the Nexus?

In: Economic Management in a Volatile Environment

Author

Listed:
  • Ramkishen S. Rajan

    (George Mason University and National University of Singapore)

  • Sasidaran Gopalan

    (The Hong Kong University of Science and Technology)

Abstract

Over the last two decades, several developing and emerging market economies (EMEs) have embraced domestic as well as international financial liberalisation. While there is considerable heterogeneity in the details of the policy mixtures adopted by individual countries, the broad contours have remained constant across the board, with most countries opening up their economies to cross-border flows of private capital and their financial systems to both domestic and foreign entrants.

Suggested Citation

  • Ramkishen S. Rajan & Sasidaran Gopalan, 2015. "Financial Liberalisation and Foreign Bank Entry: What Is the Nexus?," Palgrave Macmillan Books, in: Economic Management in a Volatile Environment, chapter 7, pages 143-163, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-137-37152-2_7
    DOI: 10.1057/9781137371522_7
    as

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