SINGLETON, John and GRIETJIE, Verhoel (2010). Regulation, deregulation and internationalization in South African and New Zealand banking. Business History, 52 (4), 536-563.Full text not available from this repository.
The banking industries of New Zealand and South Africa were among the most tightly regulated in the western world in the early 1980s. Restrictions on foreign banks were particularly acute, especially in South Africa. From a position of considerable isolation, first New Zealand then South Africa implemented programmes of financial liberalisation. We show that the outcome of liberalisation was different in these two countries. South African banks were able to establish a strong presence in external markets, but the New Zealand banking system was mopped up by its Australian neighbour. These divergent outcomes reflect the origins, geographical position, and unequal capabilities of the New Zealand and South African banking industries.
|Research Institute, Centre or Group:||Humanities Research Centre|
|Depositing User:||Lorna Greaves|
|Date Deposited:||19 Sep 2012 15:40|
|Last Modified:||19 Sep 2012 15:40|
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