Financial Services Privatisation: Two Case Studies

John A. Consiglio

International Journal of Financial Research, 2018, vol. 9, issue 4, 63-77

Abstract: How Romania¡¯s, and Estonia¡¯s, financial services sectors moved towards, and through, their respective privatisation processes provides sharply contrasting scenarios. For a long time Romania¡¯s following up of a promise made to the International Monetary Fund was simply an unimpressive record of dithering. By contrast, Estonia¡¯s performance was a generally positive account, one which was based on norms and structures which were often comparable to those in advanced industrial countries. This paper examines in detail these two national experiences.

Keywords: financial services privatisation; Romania; Estonia (search for similar items in EconPapers)
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:jfr:ijfr11:v:9:y:2018:i:4:p:63-77

DOI: 10.5430/ijfr.v9n4p63

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