## State-Owned Banks, Stability, Privatization, and Growth: Practical Policy Decisions in a World Without Empirical Proof

_IMF Working Papers, January 1, 2005_

## Source details

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## Bibliographic details
- Authors: Michael Andrews
- Published: January 1, 2005
- Series: IMF Working Papers
- DOI: https://doi.org/10.5089/9781451860290.001

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### Overview and research scope
- Provides an overview of the possible linkages between state-owned banks, privatization, and banking sector crises.
- Uses data on privatizations in over 65 countries together with data from the banking crisis literature to consider the relationship between state-owned banks and financial sector stability.
- Draws on existing literature to provide guidance to policymakers regarding bank privatization.
- Paper length: 54 pages.

### Key findings and empirical base
- Empirical strategy: combines privatization data for over 65 countries with banking crisis datasets from the literature.
- Emphasis: no definitive empirical proof; synthesizes available evidence to outline plausible linkages and policy implications.
- Subject classification: Banking, Banking crises, Commercial banks, Privatization, State-owned banks.
- Keywords: bank privatization, finance government deficit, government ownership, policy objective, private sector, WP.

### Policy guidance and practical implications
- Offers guidance to policymakers on bank privatization grounded in the literature review and cross-country privatization data.
- Focuses on practical policy decisions in environments where empirical proof is limited or inconclusive.
- Highlights trade-offs policymakers face between state ownership, financial stability, and growth objectives.

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_Source: https://www.imf.org/en/publications/wp/issues/2016/12/31/state-owned-banks-stability-privatization-and-growth-practical-policy-decisions-in-a-world-17950_