What is it about?
Foreign ownership of banks looked free of political threats before the post-2007 crisis. However, the crisis experience resulted in resurgence of political risks within the single EU market, where member governments can manipulate regulatory and tax policies at the expense of foreign-owned banks.
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Why is it important?
Foreign ownership of banks looked free of political threats before the post-2007 crisis. However, the crisis experience resulted in resurgence of political risks within the single EU market, where member governments can manipulate regulatory and tax policies at the expense of foreign-owned banks.
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This page is a summary of: The Return of Political Risk: Foreign-Owned Banks in Emerging Europe, Europe Asia Studies, May 2013, Taylor & Francis,
DOI: 10.1080/09668136.2013.779458.
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