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

R. Muller

Working Papers from The American University in Cairo, Economics Department

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.

Keywords: ECONOMIC DEVELOPMENT; FINANCIAL MARKET; BANKS (search for similar items in EconPapers)
JEL-codes: G20 L50 O10 (search for similar items in EconPapers)
Pages: 30 pages
Date: 2000
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Persistent link: https://EconPapers.repec.org/RePEc:fth:cairam:110

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