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The persistence of corruption and regulatory compliance failures: Theory and evidence
The persistence of corruption regulatory compliance failures Theory and evidence
2010/11/5
This paper examines the reasons why corruption and policy distortions tend to
exhibit a high degree of persistence in certain regimes. We identify circumstances under
which a firm seeks to evade reg...
The importance of monetary stability derives from the significant
independent influence of monetary change on the subsequent course
of economic activity. If money did not matter at all or were of on...
THE PERFORMANCE AND STABILITY OF BANKING SYSTEMS UNDER “SELFREGULATION”：THEORY AND EVIDENCE
BANKING SYSTEMS government regulation self-regulation
2008/11/21
Recent literature thatmakes the case for the elinunation of government
regulation of a banking system rests on a variety of theoretical
propositions. Each of these propositions, addressing the quest...