This paper discusses recent bank runs in seven transition economies (Russia, Bulgaria, Estonia, Hungary, Latvia …, Lithuania and Romania), comparing them against the older US experience and theoretical research.Bank runs seem to usually be … information based.For example, improvements in bank transparency such as new accounting rules can reveal a bank s insolvency and …

and turbulence accompa-nied by repeated bank crises. However, governments in many transition countries learned from these … tumultuous experiences and eventually dealt successfully with the accumulated bad loans and lack of strong bank regulation. In … addition, rapid progress in bank privatiza-tion and consolidation took place in the late 1990s and early 2000s, usually with …

and turbulence accompa-nied by repeated bank crises. However, governments in many transition countries learned from these … tumultuous experiences and eventually dealt successfully with the accumulated bad loans and lack of strong bank regulation. In … addition, rapid progress in bank privatiza-tion and consolidation took place in the late 1990s and early 2000s, usually with …

and turbulence accompanied by repeated bank crises. However, governments in many transition countries learned from these … tumultuous experiences and eventually dealt successfully with the accumulated bad loans and lack of strong bank regulation. In … addition, rapid progress in bank privatization and consolidation took place in the late 1990s and early 2000s, usually with the …

This paper discusses recent bank runs in seven transition economies (Russia, Bulgaria, Estonia, Hungary, Latvia …, Lithuania and Romania), comparing them against the older US experience and theoretical research. Bank runs seem to usually be … information based. For example, improvements in bank transparency such as new accounting rules can reveal a bank’s insolvency and …

and turbulence accompanied by repeated bank crises. However, governments in many transition countries learned from these … tumultuous experiences and eventually dealt successfully with the accumulated bad loans and lack of strong bank regulation. In … addition, rapid progress in bank privatization and consolidation took place in the late 1990s and early 2000s, usually with the …

institutions function where there was only a state planning mechanism a decade ago. Initial experiences showed that bank …

sector development is the amount of bank credit allocated to the private sector as a share of GDP.According to our results …