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Banking on Politics: When Former High-ranking Politicians Become Bank Directors

Matías Braun and Claudio Raddatz.

in The World Bank Economic Review

June 2010; p ublished online June 2010 .

Journal Article. Subjects: International Financial Markets; Banking; Capitalist Systems. 16586 words.

New data are presented for a large number of countries on how frequently former high-ranking politicians become bank directors. Politician-banker connections at this level are relatively...