id	sid	tid	token	lemma	pos
gs-4419	1	1	georgian	georgian	PROPN
gs-4419	1	2	scientists/	scientists/	NUM
gs-4419	1	3	.	.	PUNCT
gs-4419	2	1	7	7	NUM
gs-4419	2	2	n	n	DET
gs-4419	2	3	4	4	NUM
gs-4419	2	4	,	,	PUNCT
gs-4419	2	5	2025	2025	NUM
gs-4419	2	6	543	543	NUM
gs-4419	2	7	georgian	georgian	PROPN
gs-4419	2	8	scientists	scientist	NOUN
gs-4419	2	9	vol	vol	NOUN
gs-4419	2	10	.	.	PUNCT
gs-4419	2	11	7	7	NUM
gs-4419	2	12	issue	issue	NOUN
gs-4419	2	13	4	4	NUM
gs-4419	2	14	,	,	PUNCT
gs-4419	2	15	2025	2025	NUM
gs-4419	2	16	https://doi.org/10.52340/gs.2025.07.04.38	https://doi.org/10.52340/gs.2025.07.04.38	NOUN
gs-4419	2	17	:	:	PUNCT
gs-4419	2	18	,	,	PUNCT
gs-4419	2	19	.	.	PUNCT
gs-4419	2	20	,	,	PUNCT
gs-4419	2	21	.	.	PUNCT
gs-4419	3	1	,	,	PUNCT
gs-4419	3	2	,	,	PUNCT
gs-4419	3	3	,	,	PUNCT
gs-4419	3	4	.	.	PUNCT
gs-4419	4	1	,	,	PUNCT
gs-4419	4	2	.	.	PUNCT
gs-4419	5	1	esg	esg	NOUN
gs-4419	5	2	(	(	PUNCT
gs-4419	5	3	,	,	PUNCT
gs-4419	5	4	,	,	PUNCT
gs-4419	5	5	)	)	PUNCT
gs-4419	5	6	.	.	PUNCT
gs-4419	6	1	,	,	PUNCT
gs-4419	6	2	,	,	PUNCT
gs-4419	6	3	,	,	PUNCT
gs-4419	6	4	.	.	PUNCT
gs-4419	7	1	,	,	PUNCT
gs-4419	7	2	,	,	PUNCT
gs-4419	7	3	.	.	PUNCT
gs-4419	8	1	:	:	PUNCT
gs-4419	8	2	,	,	PUNCT
gs-4419	8	3	,	,	PUNCT
gs-4419	8	4	.	.	PUNCT
gs-4419	9	1	:	:	PUNCT
gs-4419	9	2	,	,	PUNCT
gs-4419	9	3	.	.	PUNCT
gs-4419	10	1	:	:	PUNCT
gs-4419	10	2	,	,	PUNCT
gs-4419	10	3	,	,	PUNCT
gs-4419	10	4	.	.	PUNCT
gs-4419	10	5	.	.	PUNCT
gs-4419	11	1	georgian	georgian	NOUN
gs-4419	11	2	scientists/	scientists/	NUM
gs-4419	11	3	.	.	PUNCT
gs-4419	12	1	7	7	NUM
gs-4419	12	2	n	n	DET
gs-4419	12	3	4	4	NUM
gs-4419	12	4	,	,	PUNCT
gs-4419	12	5	2025	2025	NUM
gs-4419	12	6	544	544	NUM
gs-4419	12	7	:	:	PUNCT
gs-4419	12	8	,	,	PUNCT
gs-4419	12	9	,	,	PUNCT
gs-4419	12	10	,	,	PUNCT
gs-4419	12	11	,	,	PUNCT
gs-4419	12	12	,	,	PUNCT
gs-4419	12	13	,	,	PUNCT
gs-4419	12	14	,	,	PUNCT
gs-4419	12	15	,	,	PUNCT
gs-4419	12	16	.	.	PUNCT
gs-4419	13	1	1	1	X
gs-4419	13	2	.	.	PUNCT
gs-4419	13	3	,	,	PUNCT
gs-4419	13	4	–	–	PUNCT
gs-4419	13	5	,	,	PUNCT
gs-4419	13	6	.	.	PUNCT
gs-4419	13	7	,	,	PUNCT
gs-4419	13	8	.	.	PUNCT
gs-4419	14	1	,	,	PUNCT
gs-4419	14	2	,	,	PUNCT
gs-4419	14	3	.	.	PUNCT
gs-4419	15	1	,	,	PUNCT
gs-4419	15	2	,	,	PUNCT
gs-4419	15	3	,	,	PUNCT
gs-4419	15	4	,	,	PUNCT
gs-4419	15	5	.	.	PUNCT
gs-4419	15	6	.	.	PUNCT
gs-4419	16	1	,	,	PUNCT
gs-4419	16	2	,	,	PUNCT
gs-4419	16	3	.	.	PUNCT
gs-4419	17	1	,	,	PUNCT
gs-4419	17	2	.	.	PUNCT
gs-4419	18	1	,	,	PUNCT
gs-4419	18	2	,	,	PUNCT
gs-4419	18	3	.	.	PUNCT
gs-4419	19	1	,	,	PUNCT
gs-4419	19	2	.	.	PUNCT
gs-4419	20	1	,	,	PUNCT
gs-4419	20	2	,	,	PUNCT
gs-4419	20	3	.	.	PUNCT
gs-4419	21	1	,	,	PUNCT
gs-4419	21	2	:	:	PUNCT
gs-4419	21	3	,	,	PUNCT
gs-4419	21	4	,	,	PUNCT
gs-4419	21	5	,	,	PUNCT
gs-4419	21	6	.	.	PUNCT
gs-4419	21	7	.	.	PUNCT
gs-4419	22	1	georgian	georgian	NOUN
gs-4419	22	2	scientists/	scientists/	NUM
gs-4419	22	3	.	.	PUNCT
gs-4419	23	1	7	7	NUM
gs-4419	23	2	n	n	DET
gs-4419	23	3	4	4	NUM
gs-4419	23	4	,	,	PUNCT
gs-4419	23	5	2025	2025	NUM
gs-4419	23	6	545	545	NUM
gs-4419	23	7	2	2	NUM
gs-4419	23	8	2.1	2.1	NUM
gs-4419	23	9	(	(	PUNCT
gs-4419	23	10	)	)	PUNCT
gs-4419	23	11	.	.	PUNCT
gs-4419	24	1	,	,	PUNCT
gs-4419	24	2	.	.	PUNCT
gs-4419	25	1	,	,	PUNCT
gs-4419	25	2	,	,	PUNCT
gs-4419	25	3	(	(	PUNCT
gs-4419	25	4	diamond	diamond	NOUN
gs-4419	25	5	,	,	PUNCT
gs-4419	25	6	1984	1984	NUM
gs-4419	25	7	;	;	PUNCT
gs-4419	25	8	boyd	boyd	PROPN
gs-4419	25	9	&	&	CCONJ
gs-4419	25	10	prescott	prescott	PROPN
gs-4419	25	11	,	,	PUNCT
gs-4419	25	12	1986	1986	NUM
gs-4419	25	13	)	)	PUNCT
gs-4419	25	14	.	.	PUNCT
gs-4419	26	1	,	,	PUNCT
gs-4419	26	2	,	,	PUNCT
gs-4419	26	3	,	,	PUNCT
gs-4419	26	4	(	(	PUNCT
gs-4419	26	5	levine	levine	PROPN
gs-4419	26	6	,	,	PUNCT
gs-4419	26	7	2005	2005	NUM
gs-4419	26	8	)	)	PUNCT
gs-4419	26	9	.	.	PUNCT
gs-4419	27	1	,	,	PUNCT
gs-4419	27	2	(	(	PUNCT
gs-4419	27	3	bank	bank	NOUN
gs-4419	27	4	-	-	PUNCT
gs-4419	27	5	based	base	VERB
gs-4419	27	6	)	)	PUNCT
gs-4419	27	7	(	(	PUNCT
gs-4419	27	8	market	market	NOUN
gs-4419	27	9	-	-	PUNCT
gs-4419	27	10	based	base	VERB
gs-4419	27	11	)	)	PUNCT
gs-4419	27	12	(	(	PUNCT
gs-4419	27	13	allen	allen	PROPN
gs-4419	27	14	&	&	CCONJ
gs-4419	27	15	gale	gale	PROPN
gs-4419	27	16	,	,	PUNCT
gs-4419	27	17	2000	2000	NUM
gs-4419	27	18	)	)	PUNCT
gs-4419	27	19	.	.	PUNCT
gs-4419	28	1	,	,	PUNCT
gs-4419	28	2	,	,	PUNCT
gs-4419	28	3	,	,	PUNCT
gs-4419	28	4	(	(	PUNCT
gs-4419	28	5	boot	boot	NOUN
gs-4419	28	6	,	,	PUNCT
gs-4419	28	7	2000	2000	NUM
gs-4419	28	8	)	)	PUNCT
gs-4419	28	9	.	.	PUNCT
gs-4419	29	1	,	,	PUNCT
gs-4419	29	2	,	,	PUNCT
gs-4419	29	3	,	,	PUNCT
gs-4419	29	4	(	(	PUNCT
gs-4419	29	5	levine	levine	PROPN
gs-4419	29	6	&	&	CCONJ
gs-4419	29	7	zervos	zervos	PROPN
gs-4419	29	8	,	,	PUNCT
gs-4419	29	9	1998	1998	NUM
gs-4419	29	10	)	)	PUNCT
gs-4419	29	11	.	.	PUNCT
gs-4419	30	1	2.2	2.2	NUM
gs-4419	30	2	,	,	PUNCT
gs-4419	30	3	.	.	PUNCT
gs-4419	31	1	(	(	PUNCT
gs-4419	31	2	gurley	gurley	PROPN
gs-4419	31	3	&	&	CCONJ
gs-4419	31	4	shaw	shaw	PROPN
gs-4419	31	5	,	,	PUNCT
gs-4419	31	6	1960	1960	NUM
gs-4419	31	7	)	)	PUNCT
gs-4419	31	8	.	.	PUNCT
gs-4419	32	1	:	:	PUNCT
gs-4419	32	2	1	1	X
gs-4419	32	3	.	.	PUNCT
gs-4419	32	4	:	:	PUNCT
gs-4419	32	5	,	,	PUNCT
gs-4419	32	6	(	(	PUNCT
gs-4419	32	7	mishkin	mishkin	NOUN
gs-4419	32	8	,	,	PUNCT
gs-4419	32	9	2001	2001	NUM
gs-4419	32	10	)	)	PUNCT
gs-4419	32	11	.	.	PUNCT
gs-4419	33	1	2	2	X
gs-4419	33	2	.	.	X
gs-4419	33	3	m&a	m&a	PROPN
gs-4419	33	4	:	:	PUNCT
gs-4419	33	5	,	,	PUNCT
gs-4419	33	6	,	,	PUNCT
gs-4419	33	7	(	(	PUNCT
gs-4419	33	8	berk	berk	PROPN
gs-4419	33	9	&	&	CCONJ
gs-4419	33	10	demarzo	demarzo	PROPN
gs-4419	33	11	,	,	PUNCT
gs-4419	33	12	2017	2017	NUM
gs-4419	33	13	)	)	PUNCT
gs-4419	33	14	.	.	PUNCT
gs-4419	34	1	3	3	X
gs-4419	34	2	.	.	NUM
gs-4419	34	3	:	:	PUNCT
gs-4419	34	4	(	(	PUNCT
gs-4419	34	5	ppp	ppp	NOUN
gs-4419	34	6	)	)	PUNCT
gs-4419	34	7	,	,	PUNCT
gs-4419	34	8	(	(	PUNCT
gs-4419	34	9	syndicated	syndicate	VERB
gs-4419	34	10	loan	loan	NOUN
gs-4419	34	11	)	)	PUNCT
gs-4419	34	12	,	,	PUNCT
gs-4419	34	13	(	(	PUNCT
gs-4419	34	14	esty	esty	NOUN
gs-4419	34	15	,	,	PUNCT
gs-4419	34	16	2004	2004	NUM
gs-4419	34	17	)	)	PUNCT
gs-4419	34	18	.	.	PUNCT
gs-4419	35	1	georgian	georgian	NOUN
gs-4419	35	2	scientists/	scientists/	NUM
gs-4419	35	3	.	.	PUNCT
gs-4419	36	1	7	7	NUM
gs-4419	36	2	n	n	DET
gs-4419	36	3	4	4	NUM
gs-4419	36	4	,	,	PUNCT
gs-4419	36	5	2025	2025	NUM
gs-4419	36	6	546	546	NUM
gs-4419	36	7	,	,	PUNCT
gs-4419	36	8	:	:	PUNCT
gs-4419	36	9	,	,	PUNCT
gs-4419	36	10	,	,	PUNCT
gs-4419	36	11	(	(	PUNCT
gs-4419	36	12	claessens	claessen	NOUN
gs-4419	36	13	&	&	CCONJ
gs-4419	36	14	laeven	laeven	ADJ
gs-4419	36	15	,	,	PUNCT
gs-4419	36	16	2003	2003	NUM
gs-4419	36	17	)	)	PUNCT
gs-4419	36	18	.	.	PUNCT
gs-4419	37	1	2.3	2.3	NUM
gs-4419	37	2	.	.	PUNCT
gs-4419	38	1	(	(	PUNCT
gs-4419	38	2	papava	papava	NOUN
gs-4419	38	3	,	,	PUNCT
gs-4419	38	4	2016	2016	NUM
gs-4419	38	5	;	;	PUNCT
gs-4419	38	6	imf	imf	PROPN
gs-4419	38	7	country	country	NOUN
gs-4419	38	8	reports	report	VERB
gs-4419	38	9	)	)	PUNCT
gs-4419	38	10	.	.	PUNCT
gs-4419	39	1	,	,	PUNCT
gs-4419	39	2	,	,	PUNCT
gs-4419	39	3	,	,	PUNCT
gs-4419	39	4	.	.	PUNCT
gs-4419	40	1	(	(	PUNCT
gs-4419	40	2	,	,	PUNCT
gs-4419	40	3	2020	2020	NUM
gs-4419	40	4	-	-	SYM
gs-4419	40	5	2023	2023	NUM
gs-4419	40	6	)	)	PUNCT
gs-4419	40	7	,	,	PUNCT
gs-4419	40	8	,	,	PUNCT
gs-4419	40	9	.	.	PUNCT
gs-4419	41	1	:	:	PUNCT
gs-4419	41	2	,	,	PUNCT
gs-4419	41	3	,	,	PUNCT
gs-4419	41	4	.	.	PUNCT
gs-4419	42	1	,	,	PUNCT
gs-4419	42	2	,	,	PUNCT
gs-4419	42	3	.	.	PUNCT
gs-4419	43	1	2.4	2.4	NUM
gs-4419	43	2	.	.	PUNCT
gs-4419	43	3	.	.	PUNCT
gs-4419	44	1	(	(	PUNCT
gs-4419	44	2	stigler	stigler	NOUN
gs-4419	44	3	,	,	PUNCT
gs-4419	44	4	1971	1971	NUM
gs-4419	44	5	;	;	PUNCT
gs-4419	44	6	peltzman	peltzman	NOUN
gs-4419	44	7	,	,	PUNCT
gs-4419	44	8	1976	1976	NUM
gs-4419	44	9	)	)	PUNCT
gs-4419	44	10	„	„	PUNCT
gs-4419	44	11	“	"	PUNCT
gs-4419	44	12	,	,	PUNCT
gs-4419	44	13	.	.	PUNCT
gs-4419	45	1	,	,	PUNCT
gs-4419	45	2	,	,	PUNCT
gs-4419	45	3	(	(	PUNCT
gs-4419	45	4	)	)	PUNCT
gs-4419	45	5	,	,	PUNCT
gs-4419	45	6	,	,	PUNCT
gs-4419	45	7	(	(	PUNCT
gs-4419	45	8	barth	barth	NOUN
gs-4419	45	9	et	et	PROPN
gs-4419	45	10	al	al	PROPN
gs-4419	45	11	.	.	PROPN
gs-4419	45	12	,	,	PUNCT
gs-4419	45	13	2006	2006	NUM
gs-4419	45	14	)	)	PUNCT
gs-4419	45	15	.	.	PUNCT
gs-4419	46	1	georgian	georgian	NOUN
gs-4419	46	2	scientists/	scientists/	NUM
gs-4419	46	3	.	.	PUNCT
gs-4419	47	1	7	7	NUM
gs-4419	47	2	n	n	DET
gs-4419	47	3	4	4	NUM
gs-4419	47	4	,	,	PUNCT
gs-4419	47	5	2025	2025	NUM
gs-4419	47	6	547	547	NUM
gs-4419	47	7	.	.	PUNCT
gs-4419	48	1	,	,	PUNCT
gs-4419	48	2	,	,	PUNCT
gs-4419	48	3	,	,	PUNCT
gs-4419	48	4	,	,	PUNCT
gs-4419	48	5	(	(	PUNCT
gs-4419	48	6	demirgüç	demirgüç	PROPN
gs-4419	48	7	-	-	PUNCT
gs-4419	48	8	kunt	kunt	PROPN
gs-4419	48	9	&	&	CCONJ
gs-4419	48	10	detragiache	detragiache	PROPN
gs-4419	48	11	,	,	PUNCT
gs-4419	48	12	2002	2002	NUM
gs-4419	48	13	)	)	PUNCT
gs-4419	48	14	.	.	PUNCT
gs-4419	49	1	,	,	PUNCT
gs-4419	49	2	„	„	PUNCT
gs-4419	49	3	“	"	PUNCT
gs-4419	49	4	(	(	PUNCT
gs-4419	49	5	rajan	rajan	PROPN
gs-4419	49	6	&	&	CCONJ
gs-4419	49	7	zingales	zingales	PROPN
gs-4419	49	8	,	,	PUNCT
gs-4419	49	9	2003	2003	NUM
gs-4419	49	10	)	)	PUNCT
gs-4419	49	11	.	.	PUNCT
gs-4419	50	1	,	,	PUNCT
gs-4419	50	2	,	,	PUNCT
gs-4419	50	3	,	,	PUNCT
gs-4419	50	4	,	,	PUNCT
gs-4419	50	5	(	(	PUNCT
gs-4419	50	6	boot	boot	PROPN
gs-4419	50	7	&	&	CCONJ
gs-4419	50	8	thakor	thakor	PROPN
gs-4419	50	9	,	,	PUNCT
gs-4419	50	10	1997	1997	NUM
gs-4419	50	11	)	)	PUNCT
gs-4419	50	12	.	.	PUNCT
gs-4419	51	1	.	.	PUNCT
gs-4419	52	1	,	,	PUNCT
gs-4419	52	2	,	,	PUNCT
gs-4419	52	3	,	,	PUNCT
gs-4419	52	4	,	,	PUNCT
gs-4419	52	5	(	(	PUNCT
gs-4419	52	6	haselmann	haselmann	PROPN
gs-4419	52	7	et	et	PROPN
gs-4419	52	8	al	al	PROPN
gs-4419	52	9	.	.	PROPN
gs-4419	52	10	,	,	PUNCT
gs-4419	52	11	2010	2010	NUM
gs-4419	52	12	)	)	PUNCT
gs-4419	52	13	.	.	PUNCT
gs-4419	53	1	,	,	PUNCT
gs-4419	53	2	,	,	PUNCT
gs-4419	53	3	,	,	PUNCT
gs-4419	53	4	.	.	PUNCT
gs-4419	54	1	(	(	PUNCT
gs-4419	54	2	,	,	PUNCT
gs-4419	54	3	(	(	PUNCT
gs-4419	54	4	ring	ring	NOUN
gs-4419	54	5	-	-	PUNCT
gs-4419	54	6	fencing	fencing	NOUN
gs-4419	54	7	)	)	PUNCT
gs-4419	54	8	,	,	PUNCT
gs-4419	54	9	)	)	PUNCT
gs-4419	54	10	,	,	PUNCT
gs-4419	54	11	(	(	PUNCT
gs-4419	54	12	claessens	claessen	NOUN
gs-4419	54	13	&	&	CCONJ
gs-4419	54	14	klapper	klapper	NOUN
gs-4419	54	15	,	,	PUNCT
gs-4419	54	16	2005	2005	NUM
gs-4419	54	17	)	)	PUNCT
gs-4419	54	18	.	.	PUNCT
gs-4419	55	1	,	,	PUNCT
gs-4419	55	2	,	,	PUNCT
gs-4419	55	3	,	,	PUNCT
gs-4419	55	4	,	,	PUNCT
gs-4419	55	5	,	,	PUNCT
gs-4419	55	6	.	.	PUNCT
gs-4419	56	1	,	,	PUNCT
gs-4419	56	2	.	.	PUNCT
gs-4419	57	1	3	3	X
gs-4419	57	2	.	.	PUNCT
gs-4419	57	3	,	,	PUNCT
gs-4419	57	4	,	,	PUNCT
gs-4419	57	5	.	.	PUNCT
gs-4419	58	1	:	:	PUNCT
gs-4419	58	2	,	,	PUNCT
gs-4419	58	3	georgian	georgian	NOUN
gs-4419	58	4	scientists/	scientists/	NUM
gs-4419	58	5	.	.	PUNCT
gs-4419	58	6	7	7	NUM
gs-4419	58	7	n	n	PRON
gs-4419	58	8	4	4	NUM
gs-4419	58	9	,	,	PUNCT
gs-4419	58	10	2025	2025	NUM
gs-4419	58	11	548	548	NUM
gs-4419	58	12	(	(	PUNCT
gs-4419	58	13	,	,	PUNCT
gs-4419	58	14	)	)	PUNCT
gs-4419	58	15	,	,	PUNCT
gs-4419	58	16	.	.	PUNCT
gs-4419	58	17	,	,	PUNCT
gs-4419	58	18	.	.	PUNCT
gs-4419	59	1	,	,	PUNCT
gs-4419	59	2	,	,	PUNCT
gs-4419	59	3	,	,	PUNCT
gs-4419	59	4	,	,	PUNCT
gs-4419	59	5	,	,	PUNCT
gs-4419	59	6	.	.	PUNCT
gs-4419	60	1	4	4	NUM
gs-4419	60	2	,	,	PUNCT
gs-4419	60	3	:	:	PUNCT
gs-4419	61	1	1	1	X
gs-4419	61	2	.	.	NUM
gs-4419	61	3	,	,	PUNCT
gs-4419	61	4	2	2	X
gs-4419	61	5	.	.	X
gs-4419	61	6	m&a	m&a	PROPN
gs-4419	61	7	3	3	NUM
gs-4419	61	8	.	.	PUNCT
gs-4419	61	9	.	.	PUNCT
gs-4419	61	10	.	.	PUNCT
gs-4419	62	1	4.1	4.1	NUM
gs-4419	62	2	.	.	NUM
gs-4419	62	3	,	,	PUNCT
gs-4419	62	4	85	85	NUM
gs-4419	62	5	%	%	NOUN
gs-4419	62	6	(	(	PUNCT
gs-4419	62	7	,	,	PUNCT
gs-4419	62	8	2023	2023	NUM
gs-4419	62	9	)	)	PUNCT
gs-4419	62	10	.	.	PUNCT
gs-4419	63	1	,	,	PUNCT
gs-4419	63	2	,	,	PUNCT
gs-4419	63	3	.	.	PUNCT
gs-4419	64	1	15	15	NUM
gs-4419	64	2	%	%	NOUN
gs-4419	64	3	,	,	PUNCT
gs-4419	64	4	(	(	PUNCT
gs-4419	64	5	,	,	PUNCT
gs-4419	64	6	2022	2022	NUM
gs-4419	64	7	)	)	PUNCT
gs-4419	64	8	.	.	PUNCT
gs-4419	64	9	.	.	PUNCT
gs-4419	65	1	georgian	georgian	NOUN
gs-4419	65	2	scientists/	scientists/	NUM
gs-4419	65	3	.	.	PUNCT
gs-4419	66	1	7	7	NUM
gs-4419	66	2	n	n	DET
gs-4419	66	3	4	4	NUM
gs-4419	66	4	,	,	PUNCT
gs-4419	66	5	2025	2025	NUM
gs-4419	66	6	549	549	NUM
gs-4419	66	7	,	,	PUNCT
gs-4419	66	8	.	.	PUNCT
gs-4419	67	1	,	,	PUNCT
gs-4419	67	2	,	,	PUNCT
gs-4419	67	3	.	.	PUNCT
gs-4419	68	1	,	,	PUNCT
gs-4419	68	2	.	.	PUNCT
gs-4419	69	1	:	:	PUNCT
gs-4419	70	1	(	(	PUNCT
gs-4419	70	2	,	,	PUNCT
gs-4419	70	3	)	)	PUNCT
gs-4419	70	4	.	.	PUNCT
gs-4419	71	1	(	(	PUNCT
gs-4419	71	2	.	.	PUNCT
gs-4419	71	3	,	,	PUNCT
gs-4419	71	4	,	,	PUNCT
gs-4419	71	5	)	)	PUNCT
gs-4419	71	6	.	.	PUNCT
gs-4419	72	1	,	,	PUNCT
gs-4419	72	2	.	.	PUNCT
gs-4419	73	1	4.2	4.2	NUM
gs-4419	73	2	.	.	PUNCT
gs-4419	74	1	(	(	PUNCT
gs-4419	74	2	.	.	PUNCT
gs-4419	74	3	,	,	PUNCT
gs-4419	74	4	tbc	tbc	NOUN
gs-4419	74	5	capital	capital	NOUN
gs-4419	74	6	,	,	PUNCT
gs-4419	74	7	bank	bank	PROPN
gs-4419	74	8	of	of	ADP
gs-4419	74	9	georgia	georgia	PROPN
gs-4419	74	10	's	's	PART
gs-4419	74	11	galt	galt	PROPN
gs-4419	74	12	&	&	CCONJ
gs-4419	74	13	taggart	taggart	PROPN
gs-4419	74	14	)	)	PUNCT
gs-4419	74	15	.	.	PUNCT
gs-4419	75	1	,	,	PUNCT
gs-4419	75	2	.	.	PUNCT
gs-4419	76	1	(	(	PUNCT
gs-4419	76	2	)	)	PUNCT
gs-4419	76	3	.	.	PUNCT
gs-4419	77	1	,	,	PUNCT
gs-4419	77	2	m&a	m&a	PROPN
gs-4419	77	3	(	(	PUNCT
gs-4419	77	4	)	)	PUNCT
gs-4419	77	5	.	.	PUNCT
gs-4419	77	6	.	.	PUNCT
gs-4419	78	1	(	(	PUNCT
gs-4419	78	2	5	5	NUM
gs-4419	78	3	-	-	SYM
gs-4419	78	4	7	7	NUM
gs-4419	78	5	+	+	NUM
gs-4419	78	6	)	)	PUNCT
gs-4419	78	7	,	,	PUNCT
gs-4419	78	8	.	.	PUNCT
gs-4419	79	1	,	,	PUNCT
gs-4419	79	2	,	,	PUNCT
gs-4419	79	3	.	.	PUNCT
gs-4419	80	1	georgian	georgian	NOUN
gs-4419	80	2	scientists/	scientists/	NUM
gs-4419	80	3	.	.	PUNCT
gs-4419	81	1	7	7	NUM
gs-4419	81	2	n	n	DET
gs-4419	81	3	4	4	NUM
gs-4419	81	4	,	,	PUNCT
gs-4419	81	5	2025	2025	NUM
gs-4419	81	6	550	550	NUM
gs-4419	81	7	,	,	PUNCT
gs-4419	81	8	.	.	PUNCT
gs-4419	82	1	4.3	4.3	NUM
gs-4419	82	2	.	.	PUNCT
gs-4419	83	1	,	,	PUNCT
gs-4419	83	2	:	:	PUNCT
gs-4419	83	3	1	1	X
gs-4419	83	4	.	.	NUM
gs-4419	83	5	:	:	PUNCT
gs-4419	83	6	)	)	PUNCT
gs-4419	83	7	,	,	PUNCT
gs-4419	83	8	,	,	PUNCT
gs-4419	83	9	)	)	PUNCT
gs-4419	83	10	,	,	PUNCT
gs-4419	83	11	.	.	PUNCT
gs-4419	83	12	.	.	PUNCT
gs-4419	84	1	2	2	X
gs-4419	84	2	.	.	NUM
gs-4419	84	3	:	:	PUNCT
gs-4419	84	4	.	.	PUNCT
gs-4419	85	1	,	,	PUNCT
gs-4419	85	2	.	.	PUNCT
gs-4419	85	3	,	,	PUNCT
gs-4419	85	4	,	,	PUNCT
gs-4419	85	5	(	(	PUNCT
gs-4419	85	6	underwriting	underwriting	NOUN
gs-4419	85	7	)	)	PUNCT
gs-4419	85	8	)	)	PUNCT
gs-4419	85	9	,	,	PUNCT
gs-4419	85	10	.	.	PUNCT
gs-4419	86	1	3	3	X
gs-4419	86	2	.	.	NUM
gs-4419	86	3	:	:	PUNCT
gs-4419	86	4	,	,	PUNCT
gs-4419	86	5	,	,	PUNCT
gs-4419	86	6	m&a	m&a	PROPN
gs-4419	86	7	.	.	PUNCT
gs-4419	86	8	.	.	PUNCT
gs-4419	87	1	4	4	X
gs-4419	87	2	.	.	NUM
gs-4419	87	3	:	:	PUNCT
gs-4419	87	4	.	.	PUNCT
gs-4419	87	5	,	,	PUNCT
gs-4419	87	6	.	.	PUNCT
gs-4419	87	7	"	"	PUNCT
gs-4419	88	1	"	"	PUNCT
gs-4419	88	2	:	:	PUNCT
gs-4419	88	3	,	,	PUNCT
gs-4419	88	4	,	,	PUNCT
gs-4419	88	5	,	,	PUNCT
gs-4419	88	6	.	.	PUNCT
gs-4419	88	7	5	5	NUM
gs-4419	88	8	,	,	PUNCT
gs-4419	88	9	,	,	PUNCT
gs-4419	88	10	,	,	PUNCT
gs-4419	88	11	.	.	PUNCT
gs-4419	89	1	,	,	PUNCT
gs-4419	89	2	georgian	georgian	NOUN
gs-4419	89	3	scientists/	scientists/	NUM
gs-4419	89	4	.	.	PUNCT
gs-4419	89	5	7	7	NUM
gs-4419	89	6	n	n	DET
gs-4419	89	7	4	4	NUM
gs-4419	89	8	,	,	PUNCT
gs-4419	89	9	2025	2025	NUM
gs-4419	89	10	551	551	NUM
gs-4419	89	11	,	,	PUNCT
gs-4419	89	12	.	.	PUNCT
gs-4419	90	1	(	(	PUNCT
gs-4419	90	2	levine	levine	PROPN
gs-4419	90	3	,	,	PUNCT
gs-4419	90	4	2005	2005	NUM
gs-4419	90	5	)	)	PUNCT
gs-4419	90	6	–	–	PUNCT
gs-4419	90	7	,	,	PUNCT
gs-4419	90	8	.	.	PUNCT
gs-4419	90	9	,	,	PUNCT
gs-4419	90	10	,	,	PUNCT
gs-4419	90	11	.	.	PUNCT
gs-4419	91	1	,	,	PUNCT
gs-4419	91	2	,	,	PUNCT
gs-4419	91	3	,	,	PUNCT
gs-4419	91	4	.	.	PUNCT
gs-4419	92	1	,	,	PUNCT
gs-4419	92	2	.	.	PUNCT
gs-4419	93	1	,	,	PUNCT
gs-4419	93	2	,	,	PUNCT
gs-4419	93	3	.	.	PUNCT
gs-4419	94	1	,	,	PUNCT
gs-4419	94	2	,	,	PUNCT
gs-4419	94	3	,	,	PUNCT
gs-4419	94	4	.	.	PUNCT
gs-4419	95	1	:	:	PUNCT
gs-4419	95	2	,	,	PUNCT
gs-4419	95	3	,	,	PUNCT
gs-4419	95	4	.	.	PUNCT
gs-4419	96	1	1	1	X
gs-4419	96	2	.	.	PUNCT
gs-4419	96	3	:	:	PUNCT
gs-4419	96	4	.	.	PUNCT
gs-4419	97	1	:	:	PUNCT
gs-4419	97	2	,	,	PUNCT
gs-4419	97	3	,	,	PUNCT
gs-4419	97	4	,	,	PUNCT
gs-4419	97	5	.	.	PUNCT
gs-4419	98	1	,	,	PUNCT
gs-4419	98	2	.	.	PUNCT
gs-4419	99	1	(	(	PUNCT
gs-4419	99	2	ring	ring	NOUN
gs-4419	99	3	-	-	PUNCT
gs-4419	99	4	fencing	fencing	NOUN
gs-4419	99	5	)	)	PUNCT
gs-4419	99	6	,	,	PUNCT
gs-4419	99	7	.	.	PUNCT
gs-4419	100	1	2	2	X
gs-4419	100	2	.	.	PUNCT
gs-4419	100	3	:	:	PUNCT
gs-4419	100	4	.	.	PUNCT
gs-4419	101	1	:	:	PUNCT
gs-4419	101	2	georgian	georgian	NOUN
gs-4419	101	3	scientists/	scientists/	NUM
gs-4419	101	4	.	.	PUNCT
gs-4419	102	1	7	7	NUM
gs-4419	102	2	n	n	PRON
gs-4419	102	3	4	4	NUM
gs-4419	102	4	,	,	PUNCT
gs-4419	102	5	2025	2025	NUM
gs-4419	102	6	552	552	NUM
gs-4419	102	7	:	:	PUNCT
gs-4419	102	8	,	,	PUNCT
gs-4419	102	9	,	,	PUNCT
gs-4419	102	10	.	.	PUNCT
gs-4419	103	1	:	:	PUNCT
gs-4419	103	2	,	,	PUNCT
gs-4419	103	3	,	,	PUNCT
gs-4419	103	4	etf	etf	PROPN
gs-4419	103	5	.	.	PUNCT
gs-4419	103	6	(	(	PUNCT
gs-4419	103	7	ppp	ppp	PROPN
gs-4419	103	8	)	)	PUNCT
gs-4419	103	9	:	:	PUNCT
gs-4419	103	10	.	.	PUNCT
gs-4419	104	1	3	3	X
gs-4419	104	2	.	.	PUNCT
gs-4419	104	3	:	:	PUNCT
gs-4419	104	4	.	.	PUNCT
gs-4419	105	1	:	:	PUNCT
gs-4419	105	2	:	:	PUNCT
gs-4419	105	3	.	.	PUNCT
gs-4419	106	1	:	:	PUNCT
gs-4419	106	2	,	,	PUNCT
gs-4419	106	3	.	.	PUNCT
gs-4419	107	1	4	4	X
gs-4419	107	2	.	.	NUM
gs-4419	107	3	:	:	PUNCT
gs-4419	107	4	.	.	PUNCT
gs-4419	108	1	,	,	PUNCT
gs-4419	108	2	,	,	PUNCT
gs-4419	108	3	.	.	PUNCT
gs-4419	109	1	6	6	NUM
gs-4419	109	2	,	,	PUNCT
gs-4419	109	3	.	.	PUNCT
gs-4419	110	1	,	,	PUNCT
gs-4419	110	2	,	,	PUNCT
gs-4419	110	3	,	,	PUNCT
gs-4419	110	4	,	,	PUNCT
gs-4419	110	5	,	,	PUNCT
gs-4419	110	6	,	,	PUNCT
gs-4419	110	7	.	.	PUNCT
gs-4419	111	1	georgian	georgian	NOUN
gs-4419	111	2	scientists/	scientists/	NUM
gs-4419	111	3	.	.	PUNCT
gs-4419	112	1	7	7	NUM
gs-4419	112	2	n	n	DET
gs-4419	112	3	4	4	NUM
gs-4419	112	4	,	,	PUNCT
gs-4419	112	5	2025	2025	NUM
gs-4419	112	6	553	553	NUM
gs-4419	112	7	,	,	PUNCT
gs-4419	112	8	.	.	PUNCT
gs-4419	113	1	,	,	PUNCT
gs-4419	113	2	,	,	PUNCT
gs-4419	113	3	,	,	PUNCT
gs-4419	113	4	.	.	PUNCT
gs-4419	114	1	,	,	PUNCT
gs-4419	114	2	,	,	PUNCT
gs-4419	114	3	.	.	PUNCT
gs-4419	115	1	,	,	PUNCT
gs-4419	115	2	,	,	PUNCT
gs-4419	115	3	,	,	PUNCT
gs-4419	115	4	,	,	PUNCT
gs-4419	115	5	.	.	PUNCT
gs-4419	116	1	,	,	PUNCT
gs-4419	116	2	:	:	PUNCT
gs-4419	116	3	,	,	PUNCT
gs-4419	116	4	.	.	PUNCT
gs-4419	117	1	,	,	PUNCT
gs-4419	117	2	,	,	PUNCT
gs-4419	117	3	.	.	PUNCT
gs-4419	118	1	,	,	PUNCT
gs-4419	118	2	,	,	PUNCT
gs-4419	118	3	.	.	PUNCT
gs-4419	119	1	,	,	PUNCT
gs-4419	119	2	,	,	PUNCT
gs-4419	119	3	.	.	PUNCT
gs-4419	120	1	,	,	PUNCT
gs-4419	120	2	(	(	PUNCT
gs-4419	120	3	,	,	PUNCT
gs-4419	120	4	)	)	PUNCT
gs-4419	120	5	,	,	PUNCT
gs-4419	120	6	,	,	PUNCT
gs-4419	120	7	.	.	PUNCT
gs-4419	121	1	,	,	PUNCT
gs-4419	121	2	,	,	PUNCT
gs-4419	121	3	,	,	PUNCT
gs-4419	122	1	m&a	m&a	PROPN
gs-4419	122	2	.	.	PUNCT
gs-4419	123	1	,	,	PUNCT
gs-4419	123	2	,	,	PUNCT
gs-4419	123	3	.	.	PUNCT
gs-4419	124	1	,	,	PUNCT
gs-4419	124	2	,	,	PUNCT
gs-4419	124	3	.	.	PUNCT
gs-4419	125	1	,	,	PUNCT
gs-4419	125	2	,	,	PUNCT
gs-4419	125	3	.	.	PUNCT
gs-4419	126	1	georgian	georgian	NOUN
gs-4419	126	2	scientists/	scientists/	NUM
gs-4419	126	3	.	.	PUNCT
gs-4419	127	1	7	7	NUM
gs-4419	127	2	n	n	DET
gs-4419	127	3	4	4	NUM
gs-4419	127	4	,	,	PUNCT
gs-4419	127	5	2025	2025	NUM
gs-4419	127	6	554	554	NUM
gs-4419	127	7	allen	allen	NOUN
gs-4419	127	8	,	,	PUNCT
gs-4419	127	9	f.	f.	PROPN
gs-4419	127	10	,	,	PUNCT
gs-4419	127	11	&	&	CCONJ
gs-4419	127	12	gale	gale	PROPN
gs-4419	127	13	,	,	PUNCT
gs-4419	127	14	d.	d.	PROPN
gs-4419	127	15	(	(	PUNCT
gs-4419	127	16	2000	2000	NUM
gs-4419	127	17	)	)	PUNCT
gs-4419	127	18	.	.	PUNCT
gs-4419	128	1	comparing	compare	VERB
gs-4419	128	2	financial	financial	ADJ
gs-4419	128	3	systems	system	NOUN
gs-4419	128	4	.	.	PUNCT
gs-4419	129	1	mit	mit	PROPN
gs-4419	129	2	press	press	PROPN
gs-4419	129	3	.	.	PUNCT
gs-4419	130	1	barth	barth	PROPN
gs-4419	130	2	,	,	PUNCT
gs-4419	130	3	j.	j.	PROPN
gs-4419	130	4	r.	r.	PROPN
gs-4419	130	5	,	,	PUNCT
gs-4419	130	6	caprio	caprio	PROPN
gs-4419	130	7	,	,	PUNCT
gs-4419	130	8	g.	g.	PROPN
gs-4419	130	9	,	,	PUNCT
gs-4419	130	10	&	&	CCONJ
gs-4419	130	11	levine	levine	PROPN
gs-4419	130	12	,	,	PUNCT
gs-4419	130	13	r.	r.	PROPN
gs-4419	130	14	(	(	PUNCT
gs-4419	130	15	2006	2006	NUM
gs-4419	130	16	)	)	PUNCT
gs-4419	130	17	.	.	PUNCT
gs-4419	131	1	rethinking	rethink	VERB
gs-4419	131	2	bank	bank	NOUN
gs-4419	131	3	regulation	regulation	NOUN
gs-4419	131	4	:	:	PUNCT
gs-4419	131	5	till	till	SCONJ
gs-4419	131	6	angels	angel	NOUN
gs-4419	131	7	govern	govern	VERB
gs-4419	131	8	.	.	PUNCT
gs-4419	132	1	cambridge	cambridge	PROPN
gs-4419	132	2	university	university	PROPN
gs-4419	132	3	press	press	NOUN
gs-4419	132	4	.	.	PUNCT
gs-4419	133	1	berk	berk	PROPN
gs-4419	133	2	,	,	PUNCT
gs-4419	133	3	j.	j.	PROPN
gs-4419	133	4	,	,	PUNCT
gs-4419	133	5	&	&	CCONJ
gs-4419	133	6	demarzo	demarzo	PROPN
gs-4419	133	7	,	,	PUNCT
gs-4419	133	8	p.	p.	NOUN
gs-4419	133	9	(	(	PUNCT
gs-4419	133	10	2017	2017	NUM
gs-4419	133	11	)	)	PUNCT
gs-4419	133	12	.	.	PUNCT
gs-4419	134	1	corporate	corporate	ADJ
gs-4419	134	2	finance	finance	NOUN
gs-4419	134	3	(	(	PUNCT
gs-4419	134	4	4th	4th	ADJ
gs-4419	134	5	ed	ed	NOUN
gs-4419	134	6	.	.	PUNCT
gs-4419	134	7	)	)	PUNCT
gs-4419	134	8	.	.	PUNCT
gs-4419	135	1	pearson	pearson	PROPN
gs-4419	135	2	.	.	PROPN
gs-4419	135	3	boot	boot	PROPN
gs-4419	135	4	,	,	PUNCT
gs-4419	135	5	a.	a.	PROPN
gs-4419	135	6	w.	w.	PROPN
gs-4419	135	7	(	(	PUNCT
gs-4419	135	8	2000	2000	NUM
gs-4419	135	9	)	)	PUNCT
gs-4419	135	10	.	.	PUNCT
gs-4419	136	1	relationship	relationship	NOUN
gs-4419	136	2	banking	banking	NOUN
gs-4419	136	3	:	:	PUNCT
gs-4419	136	4	what	what	PRON
gs-4419	136	5	do	do	AUX
gs-4419	136	6	we	we	PRON
gs-4419	136	7	know	know	VERB
gs-4419	136	8	?	?	PUNCT
gs-4419	137	1	journal	journal	NOUN
gs-4419	137	2	of	of	ADP
gs-4419	137	3	financial	financial	ADJ
gs-4419	137	4	intermediation	intermediation	NOUN
gs-4419	137	5	,	,	PUNCT
gs-4419	137	6	9(1	9(1	NUM
gs-4419	137	7	)	)	PUNCT
gs-4419	137	8	,	,	PUNCT
gs-4419	137	9	7	7	NUM
gs-4419	137	10	-	-	SYM
gs-4419	137	11	25	25	NUM
gs-4419	137	12	.	.	PUNCT
gs-4419	138	1	boot	boot	PROPN
gs-4419	138	2	,	,	PUNCT
gs-4419	138	3	a.	a.	PROPN
gs-4419	138	4	w.	w.	PROPN
gs-4419	138	5	,	,	PUNCT
gs-4419	138	6	&	&	CCONJ
gs-4419	138	7	thakor	thakor	PROPN
gs-4419	138	8	,	,	PUNCT
gs-4419	138	9	a.	a.	PROPN
gs-4419	138	10	v.	v.	PROPN
gs-4419	138	11	(	(	PUNCT
gs-4419	138	12	1997	1997	NUM
gs-4419	138	13	)	)	PUNCT
gs-4419	138	14	.	.	PUNCT
gs-4419	139	1	financial	financial	ADJ
gs-4419	139	2	system	system	NOUN
gs-4419	139	3	architecture	architecture	NOUN
gs-4419	139	4	.	.	PUNCT
gs-4419	140	1	the	the	DET
gs-4419	140	2	review	review	NOUN
gs-4419	140	3	of	of	ADP
gs-4419	140	4	financial	financial	ADJ
gs-4419	140	5	studies	study	NOUN
gs-4419	140	6	,	,	PUNCT
gs-4419	140	7	10(3	10(3	NUM
gs-4419	140	8	)	)	PUNCT
gs-4419	140	9	,	,	PUNCT
gs-4419	140	10	693	693	NUM
gs-4419	140	11	-	-	SYM
gs-4419	140	12	733	733	NUM
gs-4419	140	13	.	.	PUNCT
gs-4419	141	1	boyd	boyd	PROPN
gs-4419	141	2	,	,	PUNCT
gs-4419	141	3	j.	j.	PROPN
gs-4419	141	4	h.	h.	PROPN
gs-4419	141	5	,	,	PUNCT
gs-4419	141	6	&	&	CCONJ
gs-4419	141	7	prescott	prescott	PROPN
gs-4419	141	8	,	,	PUNCT
gs-4419	141	9	e.	e.	PROPN
gs-4419	141	10	c.	c.	PROPN
gs-4419	141	11	(	(	PUNCT
gs-4419	141	12	1986	1986	NUM
gs-4419	141	13	)	)	PUNCT
gs-4419	141	14	.	.	PUNCT
gs-4419	142	1	financial	financial	ADJ
gs-4419	142	2	intermediary	intermediary	NOUN
gs-4419	142	3	-	-	PUNCT
gs-4419	142	4	coalitions	coalition	NOUN
gs-4419	142	5	.	.	PUNCT
gs-4419	143	1	journal	journal	PROPN
gs-4419	143	2	of	of	ADP
gs-4419	143	3	economic	economic	ADJ
gs-4419	143	4	theory	theory	NOUN
gs-4419	143	5	,	,	PUNCT
gs-4419	143	6	38(2	38(2	NOUN
gs-4419	143	7	)	)	PUNCT
gs-4419	143	8	,	,	PUNCT
gs-4419	143	9	211	211	NUM
gs-4419	143	10	-	-	SYM
gs-4419	143	11	232	232	NUM
gs-4419	143	12	.	.	PUNCT
gs-4419	144	1	claessens	claessen	NOUN
gs-4419	144	2	,	,	PUNCT
gs-4419	144	3	s.	s.	PROPN
gs-4419	144	4	,	,	PUNCT
gs-4419	144	5	&	&	CCONJ
gs-4419	144	6	klapper	klapper	PROPN
gs-4419	144	7	,	,	PUNCT
gs-4419	144	8	l.	l.	PROPN
gs-4419	144	9	(	(	PUNCT
gs-4419	144	10	2005	2005	NUM
gs-4419	144	11	)	)	PUNCT
gs-4419	144	12	.	.	PUNCT
gs-4419	145	1	bankruptcy	bankruptcy	NOUN
gs-4419	145	2	around	around	ADP
gs-4419	145	3	the	the	DET
gs-4419	145	4	world	world	NOUN
gs-4419	145	5	:	:	PUNCT
gs-4419	145	6	explanations	explanation	NOUN
gs-4419	145	7	of	of	ADP
gs-4419	145	8	its	its	PRON
gs-4419	145	9	relative	relative	ADJ
gs-4419	145	10	use	use	NOUN
gs-4419	145	11	.	.	PUNCT
gs-4419	146	1	american	american	ADJ
gs-4419	146	2	law	law	PROPN
gs-4419	146	3	and	and	CCONJ
gs-4419	146	4	economics	economic	NOUN
gs-4419	146	5	review	review	PROPN
gs-4419	146	6	,	,	PUNCT
gs-4419	146	7	7(1	7(1	NUM
gs-4419	146	8	)	)	PUNCT
gs-4419	146	9	,	,	PUNCT
gs-4419	146	10	253	253	NUM
gs-4419	146	11	-	-	SYM
gs-4419	146	12	283	283	NUM
gs-4419	146	13	.	.	PUNCT
gs-4419	147	1	claessens	claessen	NOUN
gs-4419	147	2	,	,	PUNCT
gs-4419	147	3	s.	s.	PROPN
gs-4419	147	4	,	,	PUNCT
gs-4419	147	5	&	&	CCONJ
gs-4419	147	6	laeven	laeven	ADJ
gs-4419	147	7	,	,	PUNCT
gs-4419	147	8	l.	l.	PROPN
gs-4419	147	9	(	(	PUNCT
gs-4419	147	10	2003	2003	NUM
gs-4419	147	11	)	)	PUNCT
gs-4419	147	12	.	.	PUNCT
gs-4419	148	1	financial	financial	ADJ
gs-4419	148	2	development	development	NOUN
gs-4419	148	3	,	,	PUNCT
gs-4419	148	4	property	property	NOUN
gs-4419	148	5	rights	right	NOUN
gs-4419	148	6	,	,	PUNCT
gs-4419	148	7	and	and	CCONJ
gs-4419	148	8	growth	growth	NOUN
gs-4419	148	9	.	.	PUNCT
gs-4419	149	1	the	the	DET
gs-4419	149	2	journal	journal	NOUN
gs-4419	149	3	of	of	ADP
gs-4419	149	4	finance	finance	NOUN
gs-4419	149	5	,	,	PUNCT
gs-4419	149	6	58(6	58(6	NOUN
gs-4419	149	7	)	)	PUNCT
gs-4419	149	8	,	,	PUNCT
gs-4419	149	9	2401	2401	NUM
gs-4419	149	10	-	-	SYM
gs-4419	149	11	2436	2436	NUM
gs-4419	149	12	.	.	PUNCT
gs-4419	150	1	demirgüç	demirgüç	PROPN
gs-4419	150	2	-	-	PUNCT
gs-4419	150	3	kunt	kunt	PROPN
gs-4419	150	4	,	,	PUNCT
gs-4419	150	5	a.	a.	PROPN
gs-4419	150	6	,	,	PUNCT
gs-4419	150	7	&	&	CCONJ
gs-4419	150	8	detragiache	detragiache	PROPN
gs-4419	150	9	,	,	PUNCT
gs-4419	150	10	e.	e.	PROPN
gs-4419	150	11	(	(	PUNCT
gs-4419	150	12	2002	2002	NUM
gs-4419	150	13	)	)	PUNCT
gs-4419	150	14	.	.	PUNCT
gs-4419	151	1	does	do	AUX
gs-4419	151	2	deposit	deposit	VERB
gs-4419	151	3	insurance	insurance	NOUN
gs-4419	151	4	increase	increase	NOUN
gs-4419	151	5	banking	banking	NOUN
gs-4419	151	6	system	system	NOUN
gs-4419	151	7	stability	stability	NOUN
gs-4419	151	8	?	?	PUNCT
gs-4419	152	1	an	an	DET
gs-4419	152	2	empirical	empirical	ADJ
gs-4419	152	3	investigation	investigation	NOUN
gs-4419	152	4	.	.	PUNCT
gs-4419	153	1	journal	journal	NOUN
gs-4419	153	2	of	of	ADP
gs-4419	153	3	monetary	monetary	ADJ
gs-4419	153	4	economics	economic	NOUN
gs-4419	153	5	,	,	PUNCT
gs-4419	153	6	49(7	49(7	NUM
gs-4419	153	7	)	)	PUNCT
gs-4419	153	8	,	,	PUNCT
gs-4419	153	9	13731406	13731406	NUM
gs-4419	153	10	.	.	PUNCT
gs-4419	154	1	demirgüç	demirgüç	PROPN
gs-4419	154	2	-	-	PUNCT
gs-4419	154	3	kunt	kunt	PROPN
gs-4419	154	4	,	,	PUNCT
gs-4419	154	5	a.	a.	PROPN
gs-4419	154	6	,	,	PUNCT
gs-4419	154	7	&	&	CCONJ
gs-4419	154	8	levine	levine	PROPN
gs-4419	154	9	,	,	PUNCT
gs-4419	154	10	r.	r.	PROPN
gs-4419	154	11	(	(	PUNCT
gs-4419	154	12	2001	2001	NUM
gs-4419	154	13	)	)	PUNCT
gs-4419	154	14	.	.	PUNCT
gs-4419	155	1	financial	financial	ADJ
gs-4419	155	2	structure	structure	NOUN
gs-4419	155	3	and	and	CCONJ
gs-4419	155	4	economic	economic	ADJ
gs-4419	155	5	growth	growth	NOUN
gs-4419	155	6	:	:	PUNCT
gs-4419	155	7	a	a	DET
gs-4419	155	8	crosscountry	crosscountry	PROPN
gs-4419	155	9	comparison	comparison	NOUN
gs-4419	155	10	of	of	ADP
gs-4419	155	11	banks	bank	NOUN
gs-4419	155	12	,	,	PUNCT
gs-4419	155	13	markets	market	NOUN
gs-4419	155	14	,	,	PUNCT
gs-4419	155	15	and	and	CCONJ
gs-4419	155	16	development	development	NOUN
gs-4419	155	17	.	.	PUNCT
gs-4419	156	1	mit	mit	PROPN
gs-4419	156	2	press	press	PROPN
gs-4419	156	3	.	.	PUNCT
gs-4419	157	1	diamond	diamond	PROPN
gs-4419	157	2	,	,	PUNCT
gs-4419	157	3	d.	d.	PROPN
gs-4419	157	4	w.	w.	PROPN
gs-4419	157	5	(	(	PUNCT
gs-4419	157	6	1984	1984	NUM
gs-4419	157	7	)	)	PUNCT
gs-4419	157	8	.	.	PUNCT
gs-4419	158	1	financial	financial	ADJ
gs-4419	158	2	intermediation	intermediation	NOUN
gs-4419	158	3	and	and	CCONJ
gs-4419	158	4	delegated	delegate	VERB
gs-4419	158	5	monitoring	monitoring	NOUN
gs-4419	158	6	.	.	PUNCT
gs-4419	159	1	the	the	DET
gs-4419	159	2	review	review	NOUN
gs-4419	159	3	of	of	ADP
gs-4419	159	4	economic	economic	ADJ
gs-4419	159	5	studies	study	NOUN
gs-4419	159	6	,	,	PUNCT
gs-4419	159	7	51(3	51(3	NUM
gs-4419	159	8	)	)	PUNCT
gs-4419	159	9	,	,	PUNCT
gs-4419	159	10	393	393	NUM
gs-4419	159	11	-	-	SYM
gs-4419	159	12	414	414	NUM
gs-4419	159	13	.	.	PUNCT
gs-4419	160	1	esty	esty	PROPN
gs-4419	160	2	,	,	PUNCT
gs-4419	160	3	b.	b.	PROPN
gs-4419	160	4	c.	c.	PROPN
gs-4419	160	5	(	(	PUNCT
gs-4419	160	6	2004	2004	NUM
gs-4419	160	7	)	)	PUNCT
gs-4419	160	8	.	.	PUNCT
gs-4419	161	1	modern	modern	ADJ
gs-4419	161	2	project	project	NOUN
gs-4419	161	3	finance	finance	NOUN
gs-4419	161	4	:	:	PUNCT
gs-4419	161	5	a	a	DET
gs-4419	161	6	casebook	casebook	NOUN
gs-4419	161	7	.	.	PUNCT
gs-4419	162	1	john	john	PROPN
gs-4419	162	2	wiley	wiley	PROPN
gs-4419	162	3	&	&	CCONJ
gs-4419	162	4	sons	son	NOUN
gs-4419	162	5	.	.	PUNCT
gs-4419	163	1	gurley	gurley	PROPN
gs-4419	163	2	,	,	PUNCT
gs-4419	163	3	j.	j.	PROPN
gs-4419	163	4	g.	g.	PROPN
gs-4419	163	5	,	,	PUNCT
gs-4419	163	6	&	&	CCONJ
gs-4419	163	7	shaw	shaw	PROPN
gs-4419	163	8	,	,	PUNCT
gs-4419	163	9	e.	e.	PROPN
gs-4419	163	10	s.	s.	PROPN
gs-4419	163	11	(	(	PUNCT
gs-4419	163	12	1960	1960	NUM
gs-4419	163	13	)	)	PUNCT
gs-4419	163	14	.	.	PUNCT
gs-4419	164	1	money	money	NOUN
gs-4419	164	2	in	in	ADP
gs-4419	164	3	a	a	DET
gs-4419	164	4	theory	theory	NOUN
gs-4419	164	5	of	of	ADP
gs-4419	164	6	finance	finance	NOUN
gs-4419	164	7	.	.	PUNCT
gs-4419	165	1	brookings	brookings	PROPN
gs-4419	165	2	institution	institution	PROPN
gs-4419	165	3	.	.	PUNCT
gs-4419	166	1	haselmann	haselmann	PROPN
gs-4419	166	2	,	,	PUNCT
gs-4419	166	3	r.	r.	PROPN
gs-4419	166	4	,	,	PUNCT
gs-4419	166	5	pistor	pistor	NOUN
gs-4419	166	6	,	,	PUNCT
gs-4419	166	7	k.	k.	PROPN
gs-4419	166	8	,	,	PUNCT
gs-4419	166	9	&	&	CCONJ
gs-4419	166	10	vig	vig	PROPN
gs-4419	166	11	,	,	PUNCT
gs-4419	166	12	v.	v.	PROPN
gs-4419	166	13	(	(	PUNCT
gs-4419	166	14	2010	2010	NUM
gs-4419	166	15	)	)	PUNCT
gs-4419	166	16	.	.	PUNCT
gs-4419	167	1	how	how	SCONJ
gs-4419	167	2	law	law	NOUN
gs-4419	167	3	affects	affect	VERB
gs-4419	167	4	lending	lend	VERB
gs-4419	167	5	.	.	PUNCT
gs-4419	168	1	the	the	DET
gs-4419	168	2	review	review	NOUN
gs-4419	168	3	of	of	ADP
gs-4419	168	4	financial	financial	ADJ
gs-4419	168	5	studies	study	NOUN
gs-4419	168	6	,	,	PUNCT
gs-4419	168	7	23(2	23(2	NOUN
gs-4419	168	8	)	)	PUNCT
gs-4419	168	9	,	,	PUNCT
gs-4419	168	10	549	549	NUM
gs-4419	168	11	-	-	SYM
gs-4419	168	12	580	580	NUM
gs-4419	168	13	.	.	PUNCT
gs-4419	169	1	levine	levine	PROPN
gs-4419	169	2	,	,	PUNCT
gs-4419	169	3	r.	r.	PROPN
gs-4419	169	4	(	(	PUNCT
gs-4419	169	5	2005	2005	NUM
gs-4419	169	6	)	)	PUNCT
gs-4419	169	7	.	.	PUNCT
gs-4419	170	1	finance	finance	NOUN
gs-4419	170	2	and	and	CCONJ
gs-4419	170	3	growth	growth	NOUN
gs-4419	170	4	:	:	PUNCT
gs-4419	170	5	theory	theory	NOUN
gs-4419	170	6	and	and	CCONJ
gs-4419	170	7	evidence	evidence	NOUN
gs-4419	170	8	.	.	PUNCT
gs-4419	171	1	in	in	ADP
gs-4419	171	2	handbook	handbook	NOUN
gs-4419	171	3	of	of	ADP
gs-4419	171	4	economic	economic	ADJ
gs-4419	171	5	growth	growth	NOUN
gs-4419	171	6	(	(	PUNCT
gs-4419	171	7	vol	vol	NOUN
gs-4419	171	8	.	.	NOUN
gs-4419	171	9	1	1	NUM
gs-4419	171	10	,	,	PUNCT
gs-4419	171	11	pp	pp	ADJ
gs-4419	171	12	.	.	PUNCT
gs-4419	171	13	865	865	NUM
gs-4419	171	14	-	-	NUM
gs-4419	171	15	934	934	NUM
gs-4419	171	16	)	)	PUNCT
gs-4419	171	17	.	.	PUNCT
gs-4419	172	1	elsevier	elsevier	PROPN
gs-4419	172	2	.	.	PUNCT
gs-4419	172	3	levine	levine	PROPN
gs-4419	172	4	,	,	PUNCT
gs-4419	172	5	r.	r.	PROPN
gs-4419	172	6	,	,	PUNCT
gs-4419	172	7	&	&	CCONJ
gs-4419	172	8	zervos	zervos	PROPN
gs-4419	172	9	,	,	PUNCT
gs-4419	172	10	s.	s.	PROPN
gs-4419	172	11	(	(	PUNCT
gs-4419	172	12	1998	1998	NUM
gs-4419	172	13	)	)	PUNCT
gs-4419	172	14	.	.	PUNCT
gs-4419	173	1	stock	stock	NOUN
gs-4419	173	2	markets	market	NOUN
gs-4419	173	3	,	,	PUNCT
gs-4419	173	4	banks	bank	NOUN
gs-4419	173	5	,	,	PUNCT
gs-4419	173	6	and	and	CCONJ
gs-4419	173	7	economic	economic	ADJ
gs-4419	173	8	growth	growth	NOUN
gs-4419	173	9	.	.	PUNCT
gs-4419	174	1	american	american	PROPN
gs-4419	174	2	economic	economic	PROPN
gs-4419	174	3	review	review	PROPN
gs-4419	174	4	,	,	PUNCT
gs-4419	174	5	88(3	88(3	NUM
gs-4419	174	6	)	)	PUNCT
gs-4419	174	7	,	,	PUNCT
gs-4419	174	8	537	537	NUM
gs-4419	174	9	-	-	SYM
gs-4419	174	10	558	558	NUM
gs-4419	174	11	.	.	PUNCT
gs-4419	175	1	mishkin	mishkin	PROPN
gs-4419	175	2	,	,	PUNCT
gs-4419	175	3	f.	f.	PROPN
gs-4419	175	4	s.	s.	PROPN
gs-4419	175	5	(	(	PUNCT
gs-4419	175	6	2001	2001	NUM
gs-4419	175	7	)	)	PUNCT
gs-4419	175	8	.	.	PUNCT
gs-4419	176	1	the	the	DET
gs-4419	176	2	economics	economic	NOUN
gs-4419	176	3	of	of	ADP
gs-4419	176	4	money	money	NOUN
gs-4419	176	5	,	,	PUNCT
gs-4419	176	6	banking	banking	NOUN
gs-4419	176	7	,	,	PUNCT
gs-4419	176	8	and	and	CCONJ
gs-4419	176	9	financial	financial	ADJ
gs-4419	176	10	markets	market	NOUN
gs-4419	176	11	(	(	PUNCT
gs-4419	176	12	6th	6th	ADJ
gs-4419	176	13	ed	ed	NOUN
gs-4419	176	14	.	.	PUNCT
gs-4419	176	15	)	)	PUNCT
gs-4419	176	16	.	.	PUNCT
gs-4419	177	1	addison	addison	PROPN
gs-4419	177	2	-	-	PUNCT
gs-4419	177	3	wesley	wesley	PROPN
gs-4419	177	4	.	.	PUNCT
gs-4419	178	1	papava	papava	NOUN
gs-4419	178	2	,	,	PUNCT
gs-4419	178	3	v.	v.	PROPN
gs-4419	178	4	(	(	PUNCT
gs-4419	178	5	2016	2016	NUM
gs-4419	178	6	)	)	PUNCT
gs-4419	178	7	.	.	PUNCT
gs-4419	179	1	georgia	georgia	PROPN
gs-4419	179	2	's	's	PART
gs-4419	179	3	economy	economy	NOUN
gs-4419	179	4	:	:	PUNCT
gs-4419	179	5	main	main	ADJ
gs-4419	179	6	directions	direction	NOUN
gs-4419	179	7	and	and	CCONJ
gs-4419	179	8	challenges	challenge	NOUN
gs-4419	179	9	.	.	PUNCT
gs-4419	180	1	nova	nova	PROPN
gs-4419	180	2	science	science	NOUN
gs-4419	180	3	publishers	publisher	NOUN
gs-4419	180	4	.	.	PUNCT
gs-4419	181	1	georgian	georgian	NOUN
gs-4419	181	2	scientists/	scientists/	NUM
gs-4419	181	3	.	.	PUNCT
gs-4419	182	1	7	7	NUM
gs-4419	182	2	n	n	DET
gs-4419	182	3	4	4	NUM
gs-4419	182	4	,	,	PUNCT
gs-4419	182	5	2025	2025	NUM
gs-4419	182	6	555	555	NUM
gs-4419	182	7	peltzman	peltzman	NOUN
gs-4419	182	8	,	,	PUNCT
gs-4419	182	9	s.	s.	PROPN
gs-4419	182	10	(	(	PUNCT
gs-4419	182	11	1976	1976	NUM
gs-4419	182	12	)	)	PUNCT
gs-4419	182	13	.	.	PUNCT
gs-4419	183	1	toward	toward	ADP
gs-4419	183	2	a	a	DET
gs-4419	183	3	more	more	ADV
gs-4419	183	4	general	general	ADJ
gs-4419	183	5	theory	theory	NOUN
gs-4419	183	6	of	of	ADP
gs-4419	183	7	regulation	regulation	NOUN
gs-4419	183	8	.	.	PUNCT
gs-4419	184	1	the	the	DET
gs-4419	184	2	journal	journal	NOUN
gs-4419	184	3	of	of	ADP
gs-4419	184	4	law	law	NOUN
gs-4419	184	5	and	and	CCONJ
gs-4419	184	6	economics	economic	NOUN
gs-4419	184	7	,	,	PUNCT
gs-4419	184	8	19(2	19(2	NUM
gs-4419	184	9	)	)	PUNCT
gs-4419	184	10	,	,	PUNCT
gs-4419	184	11	211	211	NUM
gs-4419	184	12	-	-	SYM
gs-4419	184	13	240	240	NUM
gs-4419	184	14	.	.	PUNCT
gs-4419	185	1	rajan	rajan	PROPN
gs-4419	185	2	,	,	PUNCT
gs-4419	185	3	r.	r.	PROPN
gs-4419	185	4	g.	g.	PROPN
gs-4419	185	5	,	,	PUNCT
gs-4419	185	6	&	&	CCONJ
gs-4419	185	7	zingales	zingales	PROPN
gs-4419	185	8	,	,	PUNCT
gs-4419	185	9	l.	l.	PROPN
gs-4419	185	10	(	(	PUNCT
gs-4419	185	11	2003	2003	NUM
gs-4419	185	12	)	)	PUNCT
gs-4419	185	13	.	.	PUNCT
gs-4419	186	1	the	the	DET
gs-4419	186	2	great	great	ADJ
gs-4419	186	3	reversals	reversal	NOUN
gs-4419	186	4	:	:	PUNCT
gs-4419	186	5	the	the	DET
gs-4419	186	6	politics	politic	NOUN
gs-4419	186	7	of	of	ADP
gs-4419	186	8	financial	financial	ADJ
gs-4419	186	9	development	development	NOUN
gs-4419	186	10	in	in	ADP
gs-4419	186	11	the	the	DET
gs-4419	186	12	twentieth	twentieth	ADJ
gs-4419	186	13	century	century	NOUN
gs-4419	186	14	.	.	PUNCT
gs-4419	187	1	journal	journal	NOUN
gs-4419	187	2	of	of	ADP
gs-4419	187	3	financial	financial	ADJ
gs-4419	187	4	economics	economic	NOUN
gs-4419	187	5	,	,	PUNCT
gs-4419	187	6	69(1	69(1	NUM
gs-4419	187	7	)	)	PUNCT
gs-4419	187	8	,	,	PUNCT
gs-4419	187	9	5	5	NUM
gs-4419	187	10	-	-	SYM
gs-4419	187	11	50	50	NUM
gs-4419	187	12	.	.	PUNCT
gs-4419	187	13	stigler	stigler	NOUN
gs-4419	187	14	,	,	PUNCT
gs-4419	187	15	g.	g.	PROPN
gs-4419	187	16	j.	j.	PROPN
gs-4419	187	17	(	(	PUNCT
gs-4419	187	18	1971	1971	NUM
gs-4419	187	19	)	)	PUNCT
gs-4419	187	20	.	.	PUNCT
gs-4419	188	1	the	the	DET
gs-4419	188	2	theory	theory	NOUN
gs-4419	188	3	of	of	ADP
gs-4419	188	4	economic	economic	ADJ
gs-4419	188	5	regulation	regulation	NOUN
gs-4419	188	6	.	.	PUNCT
gs-4419	189	1	the	the	DET
gs-4419	189	2	bell	bell	PROPN
gs-4419	189	3	journal	journal	PROPN
gs-4419	189	4	of	of	ADP
gs-4419	189	5	economics	economic	NOUN
gs-4419	189	6	and	and	CCONJ
gs-4419	189	7	management	management	NOUN
gs-4419	189	8	science	science	NOUN
gs-4419	189	9	,	,	PUNCT
gs-4419	189	10	2(1	2(1	NUM
gs-4419	189	11	)	)	PUNCT
gs-4419	189	12	,	,	PUNCT
gs-4419	189	13	3	3	NUM
gs-4419	189	14	-	-	SYM
gs-4419	189	15	21	21	NUM
gs-4419	189	16	.	.	PUNCT
gs-4419	189	17	.	.	PUNCT
gs-4419	190	1	(	(	PUNCT
gs-4419	190	2	2023	2023	NUM
gs-4419	190	3	)	)	PUNCT
gs-4419	190	4	.	.	PUNCT
gs-4419	191	1	2023	2023	NUM
gs-4419	191	2	.	.	PUNCT
gs-4419	191	3	.	.	PUNCT
gs-4419	191	4	.	.	PUNCT
gs-4419	192	1	(	(	PUNCT
gs-4419	192	2	2025	2025	NUM
gs-4419	192	3	)	)	PUNCT
gs-4419	192	4	.	.	PUNCT
gs-4419	193	1	2025	2025	NUM
gs-4419	193	2	.	.	PUNCT
gs-4419	193	3	.	.	PUNCT
gs-4419	194	1	world	world	PROPN
gs-4419	194	2	bank	bank	PROPN
gs-4419	194	3	.	.	PUNCT
gs-4419	195	1	(	(	PUNCT
gs-4419	195	2	2022	2022	NUM
gs-4419	195	3	)	)	PUNCT
gs-4419	195	4	.	.	PUNCT
gs-4419	196	1	georgia	georgia	PROPN
gs-4419	196	2	:	:	PUNCT
gs-4419	196	3	financial	financial	ADJ
gs-4419	196	4	sector	sector	NOUN
gs-4419	196	5	assessment	assessment	NOUN
gs-4419	196	6	program	program	NOUN
gs-4419	196	7	(	(	PUNCT
gs-4419	196	8	fsap	fsap	PROPN
gs-4419	196	9	)	)	PUNCT
gs-4419	196	10	.	.	PUNCT
gs-4419	197	1	financial	financial	ADJ
gs-4419	197	2	sector	sector	NOUN
gs-4419	197	3	assessment	assessment	NOUN
gs-4419	197	4	program	program	NOUN
gs-4419	197	5	(	(	PUNCT
gs-4419	197	6	fsap	fsap	PROPN
gs-4419	197	7	)	)	PUNCT
gs-4419	197	8	.	.	PUNCT
gs-4419	198	1	the	the	DET
gs-4419	198	2	critical	critical	ADJ
gs-4419	198	3	role	role	NOUN
gs-4419	198	4	of	of	ADP
gs-4419	198	5	investment	investment	NOUN
gs-4419	198	6	banks	bank	NOUN
gs-4419	198	7	in	in	ADP
gs-4419	198	8	the	the	DET
gs-4419	198	9	sustainable	sustainable	ADJ
gs-4419	198	10	growth	growth	NOUN
gs-4419	198	11	of	of	ADP
gs-4419	198	12	emerging	emerge	VERB
gs-4419	198	13	economies	economy	NOUN
gs-4419	198	14	:	:	PUNCT
gs-4419	198	15	the	the	DET
gs-4419	198	16	case	case	NOUN
gs-4419	198	17	of	of	ADP
gs-4419	198	18	georgia	georgia	PROPN
gs-4419	198	19	giorgi	giorgi	PROPN
gs-4419	198	20	turazashvili	turazashvili	PROPN
gs-4419	198	21	university	university	PROPN
gs-4419	198	22	of	of	ADP
gs-4419	198	23	georgia	georgia	PROPN
gs-4419	198	24	abstract	abstract	PROPN
gs-4419	198	25	achieving	achieve	VERB
gs-4419	198	26	sustainable	sustainable	ADJ
gs-4419	198	27	economic	economic	ADJ
gs-4419	198	28	growth	growth	NOUN
gs-4419	198	29	is	be	AUX
gs-4419	198	30	a	a	DET
gs-4419	198	31	major	major	ADJ
gs-4419	198	32	challenge	challenge	NOUN
gs-4419	198	33	for	for	ADP
gs-4419	198	34	developing	develop	VERB
gs-4419	198	35	countries	country	NOUN
gs-4419	198	36	.	.	PUNCT
gs-4419	199	1	this	this	DET
gs-4419	199	2	study	study	NOUN
gs-4419	199	3	aims	aim	VERB
gs-4419	199	4	to	to	PART
gs-4419	199	5	assess	assess	VERB
gs-4419	199	6	the	the	DET
gs-4419	199	7	role	role	NOUN
gs-4419	199	8	of	of	ADP
gs-4419	199	9	investment	investment	NOUN
gs-4419	199	10	banks	bank	NOUN
gs-4419	199	11	in	in	ADP
gs-4419	199	12	this	this	DET
gs-4419	199	13	process	process	NOUN
gs-4419	199	14	,	,	PUNCT
gs-4419	199	15	using	use	VERB
gs-4419	199	16	georgia	georgia	PROPN
gs-4419	199	17	as	as	ADP
gs-4419	199	18	a	a	DET
gs-4419	199	19	case	case	NOUN
gs-4419	199	20	study	study	NOUN
gs-4419	199	21	.	.	PUNCT
gs-4419	200	1	we	we	PRON
gs-4419	200	2	hypothesize	hypothesize	VERB
gs-4419	200	3	that	that	SCONJ
gs-4419	200	4	sustainable	sustainable	ADJ
gs-4419	200	5	growth	growth	NOUN
gs-4419	200	6	requires	require	VERB
gs-4419	200	7	not	not	PART
gs-4419	200	8	only	only	ADV
gs-4419	200	9	a	a	DET
gs-4419	200	10	commercial	commercial	ADJ
gs-4419	200	11	banking	banking	NOUN
gs-4419	200	12	system	system	NOUN
gs-4419	200	13	but	but	CCONJ
gs-4419	200	14	also	also	ADV
gs-4419	200	15	the	the	DET
gs-4419	200	16	presence	presence	NOUN
gs-4419	200	17	of	of	ADP
gs-4419	200	18	fully	fully	ADV
gs-4419	200	19	-	-	PUNCT
gs-4419	200	20	fledged	fledge	VERB
gs-4419	200	21	investment	investment	NOUN
gs-4419	200	22	banks	bank	NOUN
gs-4419	200	23	that	that	PRON
gs-4419	200	24	can	can	AUX
gs-4419	200	25	act	act	VERB
gs-4419	200	26	as	as	ADP
gs-4419	200	27	catalysts	catalyst	NOUN
gs-4419	200	28	for	for	ADP
gs-4419	200	29	structural	structural	ADJ
gs-4419	200	30	change	change	NOUN
gs-4419	200	31	.	.	PUNCT
gs-4419	201	1	the	the	DET
gs-4419	201	2	research	research	NOUN
gs-4419	201	3	is	be	AUX
gs-4419	201	4	based	base	VERB
gs-4419	201	5	on	on	ADP
gs-4419	201	6	literature	literature	NOUN
gs-4419	201	7	analysis	analysis	NOUN
gs-4419	201	8	,	,	PUNCT
gs-4419	201	9	an	an	DET
gs-4419	201	10	assessment	assessment	NOUN
gs-4419	201	11	of	of	ADP
gs-4419	201	12	georgia	georgia	PROPN
gs-4419	201	13	's	's	PART
gs-4419	201	14	macroeconomic	macroeconomic	ADJ
gs-4419	201	15	data	datum	NOUN
gs-4419	201	16	,	,	PUNCT
gs-4419	201	17	and	and	CCONJ
gs-4419	201	18	a	a	DET
gs-4419	201	19	study	study	NOUN
gs-4419	201	20	of	of	ADP
gs-4419	201	21	the	the	DET
gs-4419	201	22	operations	operation	NOUN
gs-4419	201	23	of	of	ADP
gs-4419	201	24	financial	financial	ADJ
gs-4419	201	25	institutions	institution	NOUN
gs-4419	201	26	.	.	PUNCT
gs-4419	202	1	the	the	DET
gs-4419	202	2	theoretical	theoretical	ADJ
gs-4419	202	3	section	section	NOUN
gs-4419	202	4	integrates	integrate	VERB
gs-4419	202	5	classical	classical	ADJ
gs-4419	202	6	theories	theory	NOUN
gs-4419	202	7	of	of	ADP
gs-4419	202	8	financial	financial	ADJ
gs-4419	202	9	intermediation	intermediation	NOUN
gs-4419	202	10	with	with	ADP
gs-4419	202	11	modern	modern	ADJ
gs-4419	202	12	concepts	concept	NOUN
gs-4419	202	13	of	of	ADP
gs-4419	202	14	sustainable	sustainable	ADJ
gs-4419	202	15	finance	finance	NOUN
gs-4419	202	16	and	and	CCONJ
gs-4419	202	17	esg	esg	PROPN
gs-4419	202	18	(	(	PUNCT
gs-4419	202	19	environmental	environmental	ADJ
gs-4419	202	20	,	,	PUNCT
gs-4419	202	21	social	social	ADJ
gs-4419	202	22	,	,	PUNCT
gs-4419	202	23	governance	governance	NOUN
gs-4419	202	24	)	)	PUNCT
gs-4419	202	25	standards	standard	NOUN
gs-4419	202	26	.	.	PUNCT
gs-4419	203	1	the	the	DET
gs-4419	203	2	results	result	NOUN
gs-4419	203	3	show	show	VERB
gs-4419	203	4	that	that	SCONJ
gs-4419	203	5	in	in	ADP
gs-4419	203	6	georgia	georgia	PROPN
gs-4419	203	7	,	,	PUNCT
gs-4419	203	8	where	where	SCONJ
gs-4419	203	9	the	the	DET
gs-4419	203	10	financial	financial	ADJ
gs-4419	203	11	sector	sector	NOUN
gs-4419	203	12	is	be	AUX
gs-4419	203	13	based	base	VERB
gs-4419	203	14	on	on	ADP
gs-4419	203	15	commercial	commercial	ADJ
gs-4419	203	16	banks	bank	NOUN
gs-4419	203	17	,	,	PUNCT
gs-4419	203	18	a	a	DET
gs-4419	203	19	fullyfledged	fullyfledge	VERB
gs-4419	203	20	investment	investment	NOUN
gs-4419	203	21	banking	banking	NOUN
gs-4419	203	22	institution	institution	NOUN
gs-4419	203	23	is	be	AUX
gs-4419	203	24	absent	absent	ADJ
gs-4419	203	25	.	.	PUNCT
gs-4419	204	1	the	the	DET
gs-4419	204	2	investment	investment	NOUN
gs-4419	204	3	divisions	division	NOUN
gs-4419	204	4	of	of	ADP
gs-4419	204	5	commercial	commercial	ADJ
gs-4419	204	6	banks	bank	NOUN
gs-4419	204	7	primarily	primarily	ADV
gs-4419	204	8	deal	deal	VERB
gs-4419	204	9	with	with	ADP
gs-4419	204	10	simple	simple	ADJ
gs-4419	204	11	securities	security	NOUN
gs-4419	204	12	and	and	CCONJ
gs-4419	204	13	do	do	AUX
gs-4419	204	14	not	not	PART
gs-4419	204	15	perform	perform	VERB
gs-4419	204	16	complex	complex	ADJ
gs-4419	204	17	functions	function	NOUN
gs-4419	204	18	such	such	ADJ
gs-4419	204	19	as	as	ADP
gs-4419	204	20	organizing	organize	VERB
gs-4419	204	21	major	major	ADJ
gs-4419	204	22	infrastructure	infrastructure	NOUN
gs-4419	204	23	projects	project	NOUN
gs-4419	204	24	,	,	PUNCT
gs-4419	204	25	corporate	corporate	ADJ
gs-4419	204	26	merger	merger	NOUN
gs-4419	204	27	transactions	transaction	NOUN
gs-4419	204	28	,	,	PUNCT
gs-4419	204	29	or	or	CCONJ
gs-4419	204	30	financing	finance	VERB
gs-4419	204	31	innovative	innovative	ADJ
gs-4419	204	32	projects	project	NOUN
gs-4419	204	33	.	.	PUNCT
gs-4419	205	1	the	the	DET
gs-4419	205	2	main	main	ADJ
gs-4419	205	3	reasons	reason	NOUN
gs-4419	205	4	for	for	ADP
gs-4419	205	5	this	this	PRON
gs-4419	205	6	are	be	AUX
gs-4419	205	7	:	:	PUNCT
gs-4419	205	8	a	a	DET
gs-4419	205	9	weak	weak	ADJ
gs-4419	205	10	capital	capital	NOUN
gs-4419	205	11	market	market	NOUN
gs-4419	205	12	,	,	PUNCT
gs-4419	205	13	a	a	DET
gs-4419	205	14	lack	lack	NOUN
gs-4419	205	15	of	of	ADP
gs-4419	205	16	specialists	specialist	NOUN
gs-4419	205	17	,	,	PUNCT
gs-4419	205	18	the	the	DET
gs-4419	205	19	absence	absence	NOUN
gs-4419	205	20	of	of	ADP
gs-4419	205	21	regulations	regulation	NOUN
gs-4419	205	22	tailored	tailor	VERB
gs-4419	205	23	for	for	ADP
gs-4419	205	24	investment	investment	NOUN
gs-4419	205	25	banking	banking	NOUN
gs-4419	205	26	,	,	PUNCT
gs-4419	205	27	and	and	CCONJ
gs-4419	205	28	a	a	DET
gs-4419	205	29	business	business	NOUN
gs-4419	205	30	model	model	NOUN
gs-4419	205	31	dependent	dependent	ADJ
gs-4419	205	32	on	on	ADP
gs-4419	205	33	short	short	ADJ
gs-4419	205	34	-	-	PUNCT
gs-4419	205	35	term	term	NOUN
gs-4419	205	36	deposits	deposit	NOUN
gs-4419	205	37	.	.	PUNCT
gs-4419	206	1	conclusion	conclusion	NOUN
gs-4419	206	2	.	.	PUNCT
gs-4419	207	1	achieving	achieve	VERB
gs-4419	207	2	sustainable	sustainable	ADJ
gs-4419	207	3	growth	growth	NOUN
gs-4419	207	4	requires	require	VERB
gs-4419	207	5	the	the	DET
gs-4419	207	6	establishment	establishment	NOUN
gs-4419	207	7	of	of	ADP
gs-4419	207	8	fully	fully	ADV
gs-4419	207	9	-	-	PUNCT
gs-4419	207	10	fledged	fledged	ADJ
gs-4419	207	11	,	,	PUNCT
gs-4419	207	12	independent	independent	ADJ
gs-4419	207	13	investment	investment	NOUN
gs-4419	207	14	banks	bank	NOUN
gs-4419	207	15	.	.	PUNCT
gs-4419	208	1	this	this	PRON
gs-4419	208	2	necessitates	necessitate	VERB
gs-4419	208	3	:	:	PUNCT
gs-4419	208	4	georgian	georgian	NOUN
gs-4419	208	5	scientists/	scientists/	NUM
gs-4419	208	6	.	.	PUNCT
gs-4419	209	1	7	7	NUM
gs-4419	209	2	n	n	DET
gs-4419	209	3	4	4	NUM
gs-4419	209	4	,	,	PUNCT
gs-4419	209	5	2025	2025	NUM
gs-4419	209	6	556	556	NUM
gs-4419	209	7	introducing	introduce	VERB
gs-4419	209	8	specific	specific	ADJ
gs-4419	209	9	regulations	regulation	NOUN
gs-4419	209	10	,	,	PUNCT
gs-4419	209	11	deepening	deepen	VERB
gs-4419	209	12	the	the	DET
gs-4419	209	13	capital	capital	NOUN
gs-4419	209	14	market	market	NOUN
gs-4419	209	15	,	,	PUNCT
gs-4419	209	16	training	training	NOUN
gs-4419	209	17	personnel	personnel	NOUN
gs-4419	209	18	,	,	PUNCT
gs-4419	209	19	and	and	CCONJ
gs-4419	209	20	attracting	attract	VERB
gs-4419	209	21	long	long	ADJ
gs-4419	209	22	-	-	PUNCT
gs-4419	209	23	term	term	NOUN
gs-4419	209	24	capital	capital	NOUN
gs-4419	209	25	sources	source	NOUN
gs-4419	209	26	.	.	PUNCT
gs-4419	210	1	only	only	ADV
gs-4419	210	2	under	under	ADP
gs-4419	210	3	these	these	DET
gs-4419	210	4	conditions	condition	NOUN
gs-4419	210	5	will	will	AUX
gs-4419	210	6	georgia	georgia	PROPN
gs-4419	210	7	be	be	AUX
gs-4419	210	8	able	able	ADJ
gs-4419	210	9	to	to	PART
gs-4419	210	10	fully	fully	ADV
gs-4419	210	11	utilize	utilize	VERB
gs-4419	210	12	the	the	DET
gs-4419	210	13	potential	potential	NOUN
gs-4419	210	14	of	of	ADP
gs-4419	210	15	financial	financial	ADJ
gs-4419	210	16	innovation	innovation	NOUN
gs-4419	210	17	for	for	ADP
gs-4419	210	18	sustainable	sustainable	ADJ
gs-4419	210	19	development	development	NOUN
gs-4419	210	20	.	.	PUNCT
gs-4419	211	1	keywords	keyword	NOUN
gs-4419	211	2	:	:	PUNCT
gs-4419	211	3	investment	investment	NOUN
gs-4419	211	4	banking	banking	NOUN
gs-4419	211	5	,	,	PUNCT
gs-4419	211	6	sustainable	sustainable	ADJ
gs-4419	211	7	economic	economic	ADJ
gs-4419	211	8	growth	growth	NOUN
gs-4419	211	9	,	,	PUNCT
gs-4419	211	10	emerging	emerge	VERB
gs-4419	211	11	economy	economy	NOUN
gs-4419	211	12	,	,	PUNCT
gs-4419	211	13	financial	financial	ADJ
gs-4419	211	14	system	system	NOUN
gs-4419	211	15	,	,	PUNCT
gs-4419	211	16	georgia	georgia	PROPN
gs-4419	211	17	,	,	PUNCT
gs-4419	211	18	capital	capital	NOUN
gs-4419	211	19	market	market	NOUN
gs-4419	211	20	,	,	PUNCT
gs-4419	211	21	commercial	commercial	ADJ
gs-4419	211	22	bank	bank	NOUN
gs-4419	211	23	.	.	PUNCT
gs-4419	212	1	financial	financial	ADJ
gs-4419	212	2	markets	market	NOUN
gs-4419	212	3	,	,	PUNCT
gs-4419	212	4	stock	stock	NOUN
gs-4419	212	5	exchanges	exchange	NOUN
gs-4419	212	6	.	.	PUNCT