Keywords
Financial Services
Financial Markets liberalization
International Bank
Systemic Risk
bank credit
How to Cite
Abstract
In this work we make the following question: has the inclusion of financial services in PTA contributed to shape the evolution of World bank’s credit distribution? We analyse two possible main avenues: International Bank activity and systemic risk. We conclude that inclusion is an additional no neutral element in the systemic relationship between the process of globalization, financial markets liberalization and Banks role in the financing of national economies and consistently in the evolution of world distribution of bank’s credit.
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