Rodríguez, Javier and Santiso, Javier (2008): Banking on Democracy: The Political Economy of International Private Bank Lending in Emerging Markets. Published in: International Political Science Review , Vol. 2, No. 29
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Clearly, a new agenda is emerging for private international banks. Political issues such as human rights seem to be a current concern. But what about democracy? What about political regimes? Are they taken into account by private banks when they decide whether to invest in a country? Put another way, do private banks have democratic political preferences? In this article, we focus on cross-border lending from international bank(er)s. The questions asked are as follows. Do bank(er)s react positively (that is by increasing their lending) when an emerging democracy appears? Do we witness increased bank lending after democratic transitions? Lastly, is there any relation between democratic consolidation and bank lending?
|Item Type:||MPRA Paper|
|Original Title:||Banking on Democracy: The Political Economy of International Private Bank Lending in Emerging Markets|
|Keywords:||Banks;Capital flows;Democracy;Emerging markets|
|Subjects:||G - Financial Economics > G2 - Financial Institutions and Services|
|Depositing User:||Javier Santiso|
|Date Deposited:||22. Jan 2009 05:49|
|Last Modified:||12. Feb 2013 12:27|
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