economy, and presents an overview of economic benefits of deregulation, labor market liberalization, and enterprise reform …

a widening of the current account deficit. IMF staff noted the delay in preparing the privatization strategy for the … energy sector, and encouraged the authorities to make every effort to complete the privatization of the energy sector. …

This paper provides an overview of the possible linkages between state-owned banks, privatization, and banking sector … provide guidance to policymakers regarding bank privatization. …

Criterion. Romania’s macroeconomic performance continued to be favorable, but slippages in wage policy and privatization …

This technical note analyzes the competition in the banking sector in Denmark. It reveals that Denmark has a fairly …

As in other sectors, competition in finance matters for allocative, productive and dynamic efficiency. Theory suggests …, however, that unfettered competition is not first best given the special features of finance. I review these analytics and … describe how to assess the degree of competition in markets for financial services. Existing research shows that the degree of …

The paper assesses the degree of banking competition and efficiency in Italy?over time as well as compared to that in … other countries, such as France, Germany, Spain, the United Kingdom, and the United States. The paper finds competition in …. The degree of competition falls within the range of estimates for a set of comparator countries. Greater contestability …

Traditional bank competition policy seeks to balance efficiency with incentives to take risk. The main tools are rules … seek to affect the degree of competition by focusing on market structure (i.e. concentration) may have limited effect. We … argue that bank competition policy should be reoriented to deal with the too-big-to-fail (TBTF) problem. It should also …