revenues, costs, and risks in each market segment, and conclude with policy implications. "--World Bank web site …

transparency and accountability in government and industry alike. "--World Bank web site …

margins, and results in reduced franchise value that encourages bank risk taking. Under the alternative "competition-stability …"Under the traditional "competition-fragility" view, more bank competition erodes market power, decreases profit …" view, more market power in the loan market may result in greater bank risk as the higher interest rates charged to loan …

"The authors formulate and test hypotheses about the role of bank ownership types-foreign, state-owned, and private … hypotheses with regard to foreign banks. These banks tend to serve as the main bank for transparent firms, and firms with foreign … across bank ownership types. The data are also consistent with the hypothesis that firms with state-owned main banks are …

obtain measures of bank level productivity by employing the techniques due to Levinsohn and Petrin (2003). They then relate … such measures to a set of bank characteristics. Their main results indicate that state-owned banks are less productive than … their private peers, and that privatization has increased productivity. "--World Bank web site …

conducive to crisis can also be associated with more unequal societies."--World Bank web site …

bank performance. They argue that it is important to include indicators of all the relevant governance effects in the same … likely due to placing nonperforming loans into residual entities, leaving "good" privatized banks."--World Bank web site …

--is part of a larger effort in the group to study the effects of bank privatization in developing countries"--World Bank web …