Bank Insolvency and Stabilization in Eastern Europe

Daniel C. Hardy and Ashok Kumar Lahiri
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Daniel C. Hardy: International Monetary Fund
Ashok Kumar Lahiri: International Monetary Fund

IMF Staff Papers, 1992, vol. 39, issue 4, 778-800

Abstract: The structural reforms under way in Eastern Europe have revealed the weakness of the banking sector there; macroeconomic stability and other reforms are thereby threatened. A model is developed that clarifies the role of banking in an emerging market economy and the danger that the disturbances inherent to it may be magnified and prolonged by a banking collapse.

JEL-codes: E44 G21 P34 (search for similar items in EconPapers)
Date: 1992
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Persistent link: https://EconPapers.repec.org/RePEc:pal:imfstp:v:39:y:1992:i:4:p:778-800

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