The financial services sectors of Romania and Estonia moved towards privatization in sharply contrasting manners. For a … long time Romania's enthusiasm for its 1998 promise to the IMF to privatize its leading banks was only a commitment on … paper; few steps were made towards its fulfillment. By contrast, Estonia's experience of privatization was generally a …

In Romania, as in many Central and Eastern Europe countries, during the communist regime all the banks were owned by … by state. From the seven state-owned banks that activated in the 1990s in Romania, one had to be closed, four were …

SAR, Korea, Malaysia, Poland, and Romania. Insights include: rapid growth in high-LTV loans with long maturities or in the …

financial conditions. For identification, we exploit the comprehensive credit register containing all bank loans to individuals … in Romania, a small open economy subject to external shocks, and the period 2004-2012, which covers a full boom … driver of financial crises, to our knowledge this is the first paper that employs a household credit register to study …

services ; the correlation between the bank's market share and the number of complaints registered by it, using the ranks …’ financial literacy; reduce information asymmetry and stimulate competition in the banking sector; increase consumers’ trust in … the financial sector; generate beneficial and sustainable effects . …

financial conditions. For identification, we exploit the comprehensive credit register containing all bank loans to individuals … in Romania, a small open economy subject to external shocks, and the period 2004-2012, which covers a full boom … driver of financial crises, to our knowledge this is the first paper that employs a household credit register to study …

Maastricht convergence criteria. -- monetary policy rules ; tail-risks ; convergence to the euro ; global financial crisis …