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Keywords: Simultaneous openness hypothesis
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Journal Articles
South Asian Journal of Business Studies (2019) 8 (1): 26–39.
Published: 15 March 2019
... among trade openness, financial openness and financial development can be explained by “the simultaneous openness hypothesis” presented by Rajan and Zingales (2003) . The hypothesis is based on the interest group theory of financial development where openness is opposed because it increases competition...
