Rodríguez, Javier (contributor); … - 2007
liquidity has a positive effect on
economic growth (for a review see Levine, 2004). Other studies have highlighted that capital … Economic Outlook
March 2007
Banking on Democracy: The Political Economy of International Private Bank Lending in Emerging …..................................................................................................................................... 8
II. THE POLITICAL ECONOMY OF BANK FLOWS IN EMERGING MARKETS: A REVIEW.... 12
III. BANKS’ PREFERENCE FOR EMERGING …