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Why has the growth in international banking continued despite a reduction in regulatory constraints?

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Seminar paper from the year 2006 in the subject Business economics - Banking, Stock Exchanges, Insurance, Accounting, grade: A, Anglia Ruskin University, course: International Banking Issues, language: English, abstract: Financial liberalization has caused a jump in volatility and risk in the past. Examples are: the 1994-1995 Mexican peso crisis and the 1997 Asian crisis. Due to international interdependencies the Asian crisis i.e. dragged down the Russian and Brazilian economy. Both crises...