Tuesday, February 7, 2012

Thailand and Globalization in 2012

"Given these trends, researchers turned their attention to understanding what drove foreign entry, and understanding its consequences. The consequences continue to be researched today: Are foreign-owned banks stable lenders when they enter host markets? What are the differences between the actions of state-owned banks and private banks? What stability and efficiency issues arise in lending to small and medium-size enterprises compared with large ones? How does foreign bank entry change development and growth prospects? What is the role of banks in the transmission of international shocks and the consequences for policy effectiveness? Overall, these developments helped shape the focus of policy initiatives and research on international banking in recent decades."

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