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"The intensity of recent turbulence in financial markets has surprised nearly everyone. This paper searches out the root causes of the crisis, distinguishing them from scapegoating explanations that have been used in policy circles to divert attention from the underlying breakdown of incentives....
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Claessens and Laeven first estimate for 16 countries a measure of banking system competition based on industrial organization …' banking systems allows financially dependent industries to grow faster. These results are robust under a variety of tests. The … in banking"--World Bank web site …
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gives a brief description of the evolution of the Finnish banking crisis and its handling. In the first section, the salient … features of the Finnish banking system are described. We then briefly discuss the liberalization process, macroeconomic and … banking crisis. The list of references is by no means exhaustive, and it is designed mainly to help foreign readers to find …
Persistent link: https://www.econbiz.de/10005190761
The paper gives a brief description of the evolution of the Finnish banking crisis and its handling. In the first … section, the salient features of the Finnish banking system are described. We then briefly discuss the liberalization process … rationalization of the banking sector. The paper includes references to recent articles and discussion papers dealing with important …
Persistent link: https://www.econbiz.de/10005649003