We show that politicians facing a binding term limit are more likely to engage in financial de-liberalisation than those facing re-election, but only in the wake of a financial crisis. In particular, they implement policies that tend to favour incumbent financial institutions over the general...

We show that politicians facing a binding term limit are more likely to engage in financial de-liberalisation than those facing re-election, but only in the wake of a financial crisis. In particular, they implement policies that tend to favour incumbent financial institutions over the general...

The paper examines empirically the adaptation of frontier stock markets of selected "capture" states in the Western Balkans in COVID19 "new normal" realities by identifying the challenges and prospects to these countries and their stock exchanges for sustainable development. It focuses...