This dissertation aims to explore political determinants of the magnitude and the pace of six dimensions of financial reforms in developing countries. The magnitude of financial reforms refers to the degree a country engages in a larger scale of financial reforms at one time, wh…
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The economy of the Kingdom of Saudi Arabia (KSA) suffered from major structural problems during the last two decades. Massive subsidies, inefficient industries, and the lack of a fully developed free-market system all hampered the ability of the Kingdom to pull itself out of its…