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| Author: | Bonin, J. P. Schnabel, I. |
| Title: | The great transformation: From government-owned to foreign-controlled banking sectors |
| Journal: | Economics of transition
2011 : JUL, VOL. 19:3, p. 397-405 |
| Index terms: | banks markets Albania Croatia Macedonia Serbia efficiency economic growth financial institutions transition economies |
| Freeterms: | foreign-controlled banking sectors transformation ownership |
| Language: | eng |
| Abstract: | The article analyzes that symposium collects several contributions to the literature (four papers). Based on the Körner and Schnabel (2011) sets the stage by taking a broad perspective and analyzing the impact of public ownership in banking on long-term GDP growth. The author shows a large group of countries and demonstrates that the initial level of financial development and the quality of political institutions in a country are crucial to evaluating the impact of public bank ownership on economic growth as well as based on their findings of a strongly negative overall impact of public bank ownership on economic growth. Letting the effect of public ownership depend on the financial and political environments of a given country etc. The symposium's articles as follows: |
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