Since the 1997-8 Asian financial crisis, the level of foreign bank penetration has increased steadily in Asian banking … consistent evidence that, on the whole, an increase in foreign bank penetration weakened the effectiveness of the monetary policy …

This paper examines the implications of foreign bank penetration on economic growth from the perspective of resource … penetration relative to an economy with a lower level of foreign bank penetration. This finding suggests that foreign banks play … effect of gross fixed capital formation on output growth is higher in an economy with a more pronounced level of foreign bank …

This paper examines the implications of foreign bank penetration on economic growth from the perspective of resource … penetration relative to an economy with a lower level of foreign bank penetration. This finding suggests that foreign banks play … effect of gross fixed capital formation on output growth is higher in an economy with a more pronounced level of foreign bank …