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Bank Support Policy Reform? -- 2 Ownership: Linking Bank Support to Policy Reform -- Is Bank Support Linked to Policy … Reform? -- How Does the Bank Handle the "Tough Cases"? -- Are Partnership Approaches Working? -- 3 Country Fit: Adapting Bank … Support to Country Conditions -- Do Bank Country Strategies "Fit"? -- Is the Bank Effective in Advancing Corporate Advocacy …
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This paper surveys the theoretical and empirical literature on the role of state-owned banks and also presents some new results and a robustness analysis. The paper shows that state-owned banks located in developing countries have fiscal costs because they are characterized by lower returns than...
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