The Political Economy of Distress in East Asian Financial Institutions /
In the East Asian crisis, connections - with industrial groups or influential families - increased the probability of distress for financial institutions. Connections also made closure more, not less, likely, suggesting that the closure processes themselves were transparent. But larger institutions,...
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Other Authors: | , |
Format: | Book |
Language: | English |
Published: |
Washington, D.C.,
The World Bank,
2000
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Series: | Policy research working papers
World Bank e-Library |
Subjects: |