01823cas a2200253 a 4500 AALejournalIMF006725 230101c9999 xx r poo 0 0eng d 5.00 USD 9781455205417 1018-5941 BD-DhAAL BD-DhAAL Quintyn, Marc. Mother, Can I Trust the Government? : Sustained Financial Deepening; A Political Institutionsview / Marc Quintyn, Genevieve Verdier. Washington, D.C. : International Monetary Fund, 2010. 1 online resource (42 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students Only a minority of countries have succeeded in establishing a developed financial system, despite widespread financial liberalization. Confronted with this finding, the political institutions view claims that sustained financial deepening is most likely to take place in institutional environments where governments effectively impose constraints on their own powers in order to create trust. This paper identifies over 200 post-1960 episodes of accelerations in financial development in a large cross-section of countries. We find that the likelihood of an acceleration leading to sustained financial development increases greatly in environments that have high-quality political institutions. Mode of access: Internet Verdier, Genevieve. IMF Working Papers; Working Paper ; No. 2010/210 Full text available on IMF http://elibrary.imf.org/view/journals/001/2010/210/001.2010.issue-210-en.xml IMF e-Library