Sengupta, Rajdeep - Federal Reserve Bank of St. Louis - 2006
(2003) observes that, "In the Czech Republic, the privatization of banks had been delayed ... by the
experience with foreign … economic activity
(Gorton and Winton, 2003). In contrast, a large body of empirical evidence argues that relaxing
entry … protection on economic growth, while Levine
(1998, 1999) traces the empirical linkages between legal environment, banking …