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Please use this identifier to cite or link to this item:
http://hdl.handle.net/2451/26145
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| Title: | Dealing with Financial Fragility in Transition Economies |
| Authors: | Wachtel, Paul
Bonin, John |
| Issue Date: | 30-Dec-2004 |
| Series/Report no.: | EC-04-31 |
| Abstract: | We examine the efforts of transition economies to deal with financial
fragility and resolve banking cries We characterize the birthing process
of banking in transition and the three essential features of banking
crises in transition economies: (i) bad loans and the relationship to
state owned industries, (ii) development of institutional infrastructure
and (iii) credible commitments to resolution and privatization. We then
discuss the experiences of seven important transition countries in order
to identify the salient features of their efforts to resolve banking crises. |
| URI: | http://hdl.handle.net/2451/26145 |
| Appears in Collections: | Economics Working Papers
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