Foreign Banks in Poor Countries : Theory and Evidence /
We study how foreign bank penetration affects financial sector development in poor countries. A theoretical model shows that when foreign banks are better at monitoring highend customers than domestic banks, their entry benefits those customers but may hurt other customers and worsen welfare. The mo...
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Other Authors: | , |
Format: | Journal |
Language: | English |
Published: |
Washington, D.C. :
International Monetary Fund,
2006.
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Series: | IMF Working Papers; Working Paper ;
No. 2006/018 |
Online Access: | Full text available on IMF |