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The political economy of financial development

Sourafel Girma and Anja Shortland.

in Oxford Economic Papers

October 2008; p ublished online September 2007 .

Journal Article. Subjects: Law and Economics; Financial Regulation; Capitalist Systems; Economic Development. 11217 words.

Political economy theories of financial development argue that in countries where a narrow elite controls political decisions, financial development may be obstructed to deny access to...

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