Cost and Effectiveness of Banking Sector Restructuring in Transition Economies
Electronic Access:
Free Download. Use the free Adobe Acrobat Reader to view this PDF file
Summary:
The paper analyses the cost and effectiveness of bank restructuring policies in 11 transition countries during 1991-98. It argues that country-specific banking sector features, the size of bad loans inherited from the centrally planned system, and weaknesses in the restructuring policies implemented were the main factors affecting the overall fiscal costs, with the latter two being more significant. The paper finds no significant relationship between the size of restructuring costs and overall improvement in banking sector performance for the sample countries as a whole.
Series:
Working Paper No. 2001/157
Subject:
Bank resolution Banking Commercial banks Credit Distressed assets Financial crises Financial institutions Financial sector policy and analysis Money Nonperforming loans
English
Publication Date:
October 1, 2001
ISBN/ISSN:
9781451857498/1018-5941
Stock No:
WPIEA1572001
Pages:
38
Please address any questions about this title to publications@imf.org