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

Michael Andrews

No 2005/010, IMF Working Papers from International Monetary Fund

Abstract: This paper provides an overview of the possible linkages between state-owned banks, privatization, and banking sector crises. Data on privatizations in over 65 countries is used together with data from the banking crisis literature to consider the relationship between state-owned banks and financial sector stability. The paper draws on the existing literature to provide guidance to policymakers regarding bank privatization.

Keywords: WP; government ownership; bank privatization; policy objective; private sector; finance government deficit (search for similar items in EconPapers)
Pages: 54
Date: 2005-01-01
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Citations: View citations in EconPapers (21)

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