Financial Liberalization and Financial Fragility /
A study of 53 countries during 1980-95 finds that financial liberalization increases the probability of a banking crisis, but less so where the institutional environment is strong. In particular, respect for the rule of law, a low level of corruption, and good contract enforcement are relevant insti...
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其他作者: | |
格式: | 杂志 |
语言: | English |
出版: |
Washington, D.C. :
International Monetary Fund,
1998.
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丛编: | IMF Working Papers; Working Paper ;
No. 1998/083 |
在线阅读: | Full text available on IMF |