Trade Liberalization and the Politics of Financial Development
A well developed financial system enhances competition in the industrial sector by allowing easier entry. The impact varies across industries, however. For some, small changes in financial development quickly induce entry and dissipate incumbents' rents, generating strong incentives to oppose i...
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Language: | English |
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World Bank, Washington, DC
2012
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Online Access: | http://documents.worldbank.org/curated/en/2005/02/5642269/trade-liberalization-politics-financial-development http://hdl.handle.net/10986/8846 |