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Foreign Bank Participation in Developing Countries: What Do We Know about the Drivers and Consequences

Aug 01, 2010 | R. Cull, M.S.M. Perla | The World Bank
Foreign bank participation has increased steadily across developing countries since the mid-1990s. This paper documents this trend and surveys the existing literature to explore the drivers and consequences of this phenomenon, paying particular attention to the differences observed across regions both in the degree of foreign bank participation and in the impact of this process.