What Is Financial Liberalization? Financial Liberalization is the process of reducing legal controls on capital movements in and out of a country: Foreign investors access to domestic assets and markets, reflected in capital inflows:
Financial liberalization in developing countries - The World Bank
Jul 1, 2010 · Financial liberalization in developing countries (English) In the McKinnon and Shaw analysis, financial liberalization is defined to mean the establishment of higher interest rates that equate the demand for, and the supply of, savings.
Financial liberalization refers to measures directed at diluting or dismantling regulatory control over the institutional structures, instruments and activities of agents in different...
Auerbach and Siddiki (2004: 231) define financial liberalisation as the elimination of a series of impediments in the financial sector in order to bring it in line with that of the developed economies. There are principally three types of financial liberalisation. Firstly,
Financial liberalization and economic growth: A meta-analysis
Mar 1, 2013 · This study provides a systematic analysis of the empirical literature on the relationship between financial liberalization and economic growth by conducting a meta-analysis, based on 441 t-statistics reported in 60 empirical studies. We focus on explaining the heterogeneity of results in our sample in terms of study-, data- and method-specific ...
Does financial liberalization spur economic growth? A meta …
Jan 1, 2024 · On the other hand, financial liberalization measures the effects of finance on growth at the extensive margin because liberalization of finance means that new financial institutions and new financial activities, hitherto prohibited, can now influence economic growth.
Financial Liberalization - SpringerLink
Jan 1, 2016 · Financial liberalization has led to financial deepening and higher growth in several countries. However, it has also led to a greater incidence of financial crises. Here, we review the empirical evidence on these dual effects of financial liberalization across different groups of …
The Theory of Financial Liberalization and its Economic Impact: …
Jan 1, 2009 · The implementation of a financial liberalization policy will reduce government participation in the allocation and pricing of credit, leading to drastic reduction or even elimination of subsidies and incentives related to this function.
The S-Curve: Understanding the Dynamics of Worldwide Financial ...
Jul 13, 2021 · Abstract: Using a novel database of domestic financial reforms in 90 countries from 1973 to 2014, we document that global financial liberalization followed an S-curve path: reforms were slow and gradual in early periods, accelerated …
Financial liberalization, political institutions, and income …
Dec 3, 2019 · The process of financial liberalization is characterized by financial deepening and increased cross-border capital flows (financial integration), both of which allow greater risk diversification, ease financial constraints, and increase investment in human and physical capital.
- Some results have been removed