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This paper provides an overview of the possible linkages between state-owned banks, privatization, and banking sector … provide guidance to policymakers regarding bank privatization. …
Persistent link: https://www.econbiz.de/10005769003
Persistent link: https://www.econbiz.de/10005590918
deregulation, we find that exogenous increases in geographic diversity reduce BHC valuations. These findings are consistent with …
Persistent link: https://www.econbiz.de/10009654142
Although a centerpiece of the reform process in Central and Eastern Europe, large-scale privatization cannot be … the allocative efficiency implications of alternate sequences of privatization in a reforming planned economy with two …
Persistent link: https://www.econbiz.de/10005264168
economy, and presents an overview of economic benefits of deregulation, labor market liberalization, and enterprise reform …
Persistent link: https://www.econbiz.de/10011245717
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. …
Persistent link: https://www.econbiz.de/10005252787
Criterion. Romania’s macroeconomic performance continued to be favorable, but slippages in wage policy and privatization …
Persistent link: https://www.econbiz.de/10005591732
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 …
Persistent link: https://www.econbiz.de/10005826668
Australia’s four largest banks can be considered domestically systemic. They make up the lion’s share of the banking system, use similar business models, and are interconnected. The top four banks are relatively similar in terms of systemic importance, partly reflecting the...
Persistent link: https://www.econbiz.de/10011245198
This paper considers the effects of trade policy-tariffs and quotas-when importing is done by competitive traders who are identical ex ante but differ ex post. We show that the standard equivalence results no longer hold and the conventional ranking of tariffs and quotas is turned on its head:...
Persistent link: https://www.econbiz.de/10005248181