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Clustering, growth, and inequality in China

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Financial crisis, economic recovery and banking development in former Soviet Union economies

Marin, Dalia; Huang, Haizhou; Xu, Chenggang - 2002 - First Draft: September 2000, This Draft: September 2002

This paper provides a unified theory to explain the onset of the financial crisis in 1998 and the striking economic recovery in Russia and the former Soviet Union afterwards. Before the crisis, the banking sector in these economies was stuck in a development trap in which the banking sector is...

Persistent link: https://www.econbiz.de/10010440962