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Book Reports
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| Number of pages / Number of words: |
25 / 6795 |
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Thus, financial institutions in industrial countries now tend to evaluate country risk separately.
An important benefit of FSFDI is its effect on financial sector efficiency that arises from local banks' exposure to global competition. |
Host countries benefit from the technology transfers and innovations in products and processes commonly associated with foreign bank entry...
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Host countries benefit from the technology transfers and innovations in products and processes commonly associated with foreign bank entry. Foreign banks exert competitive pressures and demonstration effects on local institutions. This results better risk management, more competitive pricing and in general a more efficient allocation of credit in the financial sector as a whole...
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General points of the essay
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