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State ownership of financial institutions in Europe and Central Asia

Aurora Ferrari, Davide Salvatore Mare () and Ilias Skamnelos

No 8288, Policy Research Working Paper Series from The World Bank

Abstract: This paper introduces key findings from a new cross-country survey on state-owned financial institutions in Europe and Central Asia. It covers 41 such institutions operating in the region as of end 2016, and considers variables in the areas of mandates, instruments, performance, governance, and monitoring/evaluation. It presents results over the period following the global financial crisis up to 2015, distinguishes between state-owned commercial and development financial institutions, and looks at differences among three geographical sub-regions.

Keywords: Civic Participation and Corporate Governance; Public Sector Administrative and Civil Service Reform; Democratic Government; Multinational&Corporate Governance; Technology Industry; Technology Innovation; Capital Markets and Capital Flows; Economics and Finance of Public Institution Development; Public Sector Administrative&Civil Service Reform; De Facto Governments; State Owned Enterprise Reform (search for similar items in EconPapers)
Date: 2017-12-20
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