We use statistical data for the period 2000-2013 to compare the macro-level structure and the core institutions of the banking systems in China and Russia. Our main hypothesis is that, differences in the absolute size and socio-cultural features nothwithstanding, these two systems are...

This article assesses the effect of Russia's industrial policy with respect to the growth of "national champion" state banks on concentration and competition in 2000-2010. An alternative method for estimating concentration shows that the main market segments have crossed the high-concentration...

The paper aims to make the first assessment of the impact that presence of foreigncontrolled banks have produced on the Russian economy and banking system. So far foreign banks have gained a modest market share in Russia with 7% of the combined assets of the banking system. They have made some...

The case of deposit insurance introduction in Russia may suggest that institutional change in transition economies was partly driven by subjective factors, and the choice of imported institutions was rather random. The circumstances under which explicit deposit insurance emerged in Russia might...