increasingly important role, and that very close links are developing between the banking and the industrial sectors. If banks are …

This paper focuses on some of the major problems of the Hungarian banking system and investigates the possible ways to … specific intermediary role, a successful reform of the banking system could be an important first step, with a strong positive …

some countries, restructuring is being undertaken by the state before privatization; in some, restructuring is delegated to … and private firms and the complementarity between the assets of state and firms. The slow pace of privatization is due to … privatization process in East Germany. It notes that five parties have been central to the reform process: the state, the …

how deregulation affects corporate structure. In the benchmark case where the government maximizes privatization proceeds …

-term increase in volume. Incentives have been surprisingly effective in meeting stated privatization objectives. A dollar spent on …

We present evidence of major adjustment efforts in the State sector in Poland well before privatization. Extensive …