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 …

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 …

economy since its liberalization from the mid 1990s. This empirical study confirms that domestic output of India was strongly … influenced by global shocks. The findings are not surprising as India’s trade and financial integration with the rest of the …