Carletti, Elena; Hakenes, Hendrik; Schnabel, Isabel - In: Vierteljahrshefte zur Wirtschaftsforschung 74 (2005) 4, pp. 32-50
The privatization of the Italian savings banks is often described as a success story. Proponents of privatization argue … loans. However, this success has to be attributed to a broad set of reforms, which went far beyond the privatization of … savings banks. Moreover, Italy had a different starting point before the reforms, and the structure of the public banking …