Cost and Effectiveness of Banking Sector Restructuring in Transition Economies

The paper analyses the cost and effectiveness of bank restructuring policies in 11 transition countries during 1991-98. It argues that country-specific banking sector features, the size of bad loans inherited from the centrally planned system, and weaknesses in the restructuring policies implemented were the main factors affecting the overall fiscal costs, with the latter two being more significant. The paper finds no significant relationship between the size of restructuring costs and overall improvement in banking sector performance for the sample countries as a whole.
Publication date: October 2001
ISBN: 9781451857498
$15.00
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Banks and Banking , Banks and Banking , Finance , Finance , transition countries , fiscal costs of banking crises , banking , banking sector , banking sector problems , bonds , Financial Institutions and Services: Government Policy and Regulation , Socialist Systems and Transitional Economies: General , National Budget , Deficit , an

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