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What was the result of direct foreign investments in the financial sectors of emerging economies in the 1990's?
Wiki User
∙ 9y ago
The result of direct foriegn investments in the financial sectors of emerging economies in the 1990's was that the majority of banks in such countries were primarily owned by foreign institutions. As an example, the Demise of the Soviet Union brought on, in many Eastern European countries, the ownership of many banks ontrolled by foreign institutions. To a degree this had a negative affect on the publics view of their banking systems.
Wiki User
∙ 9y ago
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