Bank Insolvency and Stabilization in Eastern Europe

The structural reforms under way in Eastern Europe have revealed the weakness of the banking sector there; macroeconomic stability and other reforms are thereby threatened. A model is developed that clarifies the role of banking in an emerging market economy and the danger that the disturbances inherent to it may be magnified and prolonged by a banking collapse.

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Year of publication:	1992
Authors:	Hardy, Daniel C. ; Lahiri, Ashok Kumar
Published in:	IMF Staff Papers. - Palgrave Macmillan, ISSN 1020-7635. - Vol. 39.1992, 4, p. 778-800
Publisher:	Palgrave Macmillan

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Extent:	application/pdf
Type of publication:	Article
Classification:	E44 - Financial Markets and the Macroeconomy ; G21 - Banks; Other Depository Institutions; Mortgages ; P34 - Financial Economics
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10008915204