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that well-functioning credit markets would reflect a bank channel for monetary policy at work, we test whether a change in … and the associated change in interest rate does not affect change in bank credit, change in total debt and the proportion … of bank credit in total debt for any of the firms. We discuss the policy implications of the findings. …
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Planned economies produced many goods and services - such as cars, electricity, and machinery - that did not differ fundamentally from those available in market economies. Certainly, the quality and variety of these goods and services did not reach Western standards and there was an almost...
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institutions. In 1960, a new banking law further reduced the range of commercial activities of the National Bank of Yugoslavia (the … central bank) and opened the way to the creation of commercial banks. To ensure that banks met the needs of non … the development of banking was the establishment of the Credit and Savings Bank Ljubljana in 1967, which accounted for …
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agree to this assessment, it is also true that the degree of monetisation and bank intermediation in the Hungarian economy …
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China's hybrid banks -- Culture matters -- Leninism and pragmatism: of China's Communist Party -- Transformation from bursars to bankers -- Bankers -- Systems -- Power of the state -- Financial structure, deep but narrow -- Coming in and going out -- China's banks, sui generis? -- Collapsing or...
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