Financial sector de-regulation in Emerging Asia: Focus on foreign bank entry

Sasidaran Gopalan and Ramkishen Rajan

MPRA Paper from University Library of Munich, Germany

Abstract: Over the last decade many emerging Asian economies have been liberalizing their financial sectors, including opening up of their banking systems to foreign competition. This paper examines the extent of de jure and de facto policies in Asia with regard to the introduction of greater foreign competition. To preview the main conclusion, while there has clearly been greater international financial liberalization in the region, Asia lags behind emerging Europe and Latin America when it comes to the relative significance of foreign banks in their respective domestic economies. The paper goes on to discuss possible reasons behind Asia’s relatively cautious approach towards this policy.

Keywords: Financial sector de-regulation; Foreign bank entry; Emerging Asia (search for similar items in EconPapers)
JEL-codes: F36 G34 (search for similar items in EconPapers)
Date: 2009-07-22
New Economics Papers: this item is included in nep-cfn, nep-com, nep-his and nep-reg
References: Add references at CitEc
Citations: View citations in EconPapers (9)

Downloads: (external link)
https://mpra.ub.uni-muenchen.de/19592/1/MPRA_paper_19592.pdf original version (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:19592

Access Statistics for this paper

More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().