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 …

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 …