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Keywords:Monetary policy - East Asia 

Working Paper
The political economy of foreign bank entry and its impact: theory and a case study

We apply Becker's (1983) model of lobbying to show that liberalization of foreign bank entry may result from political changes and a fall in domestic bank efficiency caused by lack of competition, which raises the costs to domestic banks of restricting foreign bank entry. We also show that in equilibrium, reform may be too limited to improve efficiency. We use this model and Data Envelopment Analysis techniques to interpret the liberalization of foreign bank entry in the Philippines in 1994. Declines in banking efficiency reduced resistance to foreign bank entry, but the effects of ...
Pacific Basin Working Paper Series , Paper 2001-11

Working Paper
Fixed or floating: is it still possible to manage in the middle?

Pacific Basin Working Paper Series , Paper 2000-02

Working Paper
Pegging and macroeconomic performance in East Asia

Pacific Basin Working Paper Series , Paper 2000-03

Working Paper
Capital flows and monetary policy in East Asia

Pacific Basin Working Paper Series , Paper 94-08

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Monetary policy - East Asia 4 items

Foreign exchange 2 items

Asia 1 items

Capital movements 1 items

East Asia 1 items

Inflation (Finance) 1 items

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