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Should the Government Be in the Banking Business? The Role of State-Owned and Development Banks

Yeyati, Eduardo Levy; Micco, Alejandro; Panizza, Ugo - 2004

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...

Persistent link: https://www.econbiz.de/10010327147

Privatization discontent and its determinants: evidence from Latin America

Checchi, Daniele; Florio, Massimo; Carrera, Jorge - 2005

Privatization policy faces increasing popular opposition in Latin America. We test for the determinants of this … countries as our dependent variable of perception, and a privatization dataset on the same countries, including sectoral … variables as controls. Our main finding is that disagreement with privatization is more likely when the respondent is poor …

Persistent link: https://www.econbiz.de/10010267576

Foreign direct investment and structural reforms: evidence from Eastern Europe and Latin America

Campos, Nauro F.; Kinoshita, Yuko - 2008

This paper investigates the role of structural reforms - privatization, financial reform and trade liberalization as … financial liberalization and privatization. These results are robust to different measures of reforms, split samples, and …

Persistent link: https://www.econbiz.de/10010268588

Background report on private sector development in Latin America, the post-communist countries of Europe and Asia, the Middle East and North Africa

Woodward, Richard; Kozarzewski, Piotr; Safavi, Mehdi - 2012

spite of a wave of crises and recessions in the late 1990s and early 2000s). Privatization has made a great deal of progress … somewhat. One of the main lessons for privatization policy makers in MENA countries from the experience in other regions is …