Series: IMF Working Papers
Author(s): Marc Quintyn , and Genevieve Verdier
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 September 2010
Keywords: Financial development, political institutions, financial liberalization, financial deepening, financial sector development, financial system, financial sector, General Financial Markets: Government Policy and Regulation, Financial Institutions and Services: Government Policy and Regulation, Economic History: Financial Markets and Institutions: General
Only a minority of countries have succeeded in establishing a developed financial system, despite widespread financial liberalization. Confronted with this finding, the political institutions view claims that susta...