Bonfiglioli, Alessandra (contributor); … - 2004 - [Elektronische Ressource]
This paper studies the effects of financial liberalization and banking crises on growth. It shows that financial … liberalization spurs on average economic growth. Banking crises are harmful for growth, but to a lesser extent in countries with open …. Banking crises are harmful for growth, but
to a lesser extent in countries with open financial systems and good
institutions …