Series: IMF Working Papers
Author(s): Enrica Detragiache , and Asli Demirgüç-Kunt
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 June 1998
Keywords: Financial liberalization, banking crises, financial development, banking, banking crisis, bank assets
A study of 53 countries during 1980-95 finds that financial liberalization increases the probability of a banking crisis, but less so where the institutional environment is strong. In particular, respect for the ru...