Publication:
State-owned Banks in the Transition : Origins, Evolution, and Policy Responses

Simple item page
dc.contributor.authorSherif, Khaled
dc.contributor.authorBorish, Michael
dc.contributor.authorGross, Alexandra
dc.date.accessioned2013-08-06T21:20:30Z
dc.date.available2013-08-06T21:20:30Z
dc.date.issued2003
dc.description.abstractMany of the distortions in poorly performing economies do not originate in the banking sector, but where state banks still control a large share of the resources in the banking system, they continue to pose a risk to macroeconomic and fiscal stability. State banks are typically vehicles for patronage that worsen the prospects for competitive market development. Alternatively, these state banks can be ineffective shells that fail to perform a useful intermediation role once the government imposes effective hard budget constraints and a modern supervisory system. The most problematic state banks have been agricultural and industrial banks, whose original role was to finance state farms and industrial enterprises that employed large numbers of people and served as the backbone of the socialist economic mode. Banks now show stronger growth in deposits and capital in many countries in Central and Eastern Europe and the Baltics, suggesting that these countries have put into place structures that have helped to restore confidence in banking systems among creditors, investors, and the public. Recommended strategies are that Governments need to design strategies to reduce state banking in order to help create a stable banking environment. Governments should take measures to improve the business environment as part of a broad overall strategy to strengthen the financial system and end state ownership of banks. Such measures include providing support to improve corporate governance, reform judicial systems, build registries of collateral, reinforce creditors' rights and contract enforcement, modernize accounting and auditing practices, reduce administrative obstacles to business registration, and modernize bankruptcy laws.en
dc.identifierhttp://documents.worldbank.org/curated/en/2003/01/6301203/state-owned-banks-transition-origins-evolution-policy-responses
dc.identifier.doi10.1596/14851
dc.identifier.isbn0-8213-5499-X
dc.identifier.urihttps://hdl.handle.net/10986/14851
dc.languageEnglish
dc.language.isoen_US
dc.publisherWashington, DC: World Bank
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.subjectACCOUNTING
dc.subjectACCOUNTS
dc.subjectAGRICULTURAL OUTPUT
dc.subjectAGRICULTURE
dc.subjectBALANCE OF PAYMENTS
dc.subjectBANK ASSETS
dc.subjectBANK CAPITAL
dc.subjectBANK LENDING
dc.subjectBANK LOANS
dc.subjectBANKING OPERATIONS
dc.subjectBANKING SUPERVISION
dc.subjectBANKING SYSTEMS
dc.subjectBANKRUPTCY
dc.subjectBANKS
dc.subjectCAPITAL REQUIREMENTS
dc.subjectCENTRAL BANK
dc.subjectCENTRAL BANKS
dc.subjectCENTRAL PLANNING
dc.subjectCENTRALLY PLANNED ECONOMIES
dc.subjectCOLLATERAL
dc.subjectCOMMERCIAL BANKS
dc.subjectCOMPETITIVE MARKETS
dc.subjectCONSUMER PRICE INDEX
dc.subjectCONTRACT ENFORCEMENT
dc.subjectCORPORATE GOVERNANCE
dc.subjectDAMAGES
dc.subjectDEBT
dc.subjectDECENTRALIZATION
dc.subjectDEMAND DEPOSITS
dc.subjectDEPOSITS
dc.subjectDEPRECIATION
dc.subjectDOMESTIC CREDIT
dc.subjectECONOMIC GROWTH
dc.subjectECONOMIC PERFORMANCE
dc.subjectECONOMIC REFORM
dc.subjectECONOMIC STRUCTURE
dc.subjectEMERGING MARKETS
dc.subjectEXPORT FINANCING
dc.subjectFINANCIAL CRISIS
dc.subjectFINANCIAL INFORMATION
dc.subjectFINANCIAL INSTITUTIONS
dc.subjectFINANCIAL INTERMEDIATION
dc.subjectFINANCIAL SECTOR
dc.subjectFINANCIAL SECTOR REFORM
dc.subjectFINANCIAL SYSTEMS
dc.subjectFISCAL DEFICITS
dc.subjectFISCAL POLICIES
dc.subjectFOREIGN BANKS
dc.subjectFOREIGN EXCHANGE
dc.subjectGDP
dc.subjectGOVERNMENT POLICIES
dc.subjectHARD BUDGET CONSTRAINTS
dc.subjectHOUSING
dc.subjectINFLATION
dc.subjectINFLATION RATE
dc.subjectINFLATION RATES
dc.subjectINTEREST RATES
dc.subjectJOINT STOCK COMPANIES
dc.subjectJUDICIAL SYSTEMS
dc.subjectLAWS
dc.subjectLEASING
dc.subjectLEGISLATION
dc.subjectLIQUIDITY
dc.subjectLIQUIDITY SHORTAGES
dc.subjectMACROECONOMIC STABILITY
dc.subjectMONETARY INDICATORS
dc.subjectMONETARY POLICY
dc.subjectMONETARY SYSTEMS
dc.subjectOWNERSHIP STRUCTURE
dc.subjectPER CAPITA INCOME
dc.subjectPORTFOLIOS
dc.subjectPRIVATIZATION
dc.subjectPUBLIC ENTERPRISES
dc.subjectPURCHASING POWER
dc.subjectRECAPITALIZATION
dc.subjectSAVINGS
dc.subjectSECURITIES
dc.subjectSHAREHOLDERS
dc.subjectSOLVENCY
dc.subjectSPECIALIZED BANKS
dc.subjectSTATE BANKS
dc.subjectSTATE ENTERPRISES
dc.subjectSTATE OWNERSHIP
dc.subjectSTRUCTURAL CHANGE
dc.subjectTECHNICAL ASSISTANCE
dc.subjectTOTAL OUTPUT
dc.subjectTRANSACTION COSTS
dc.subjectTRANSITION ECONOMIES
dc.subjectTRANSPORT
dc.subjectTREASURY BILLS
dc.subjectTURNOVER TAXES
dc.subjectUNEMPLOYMENT
dc.subjectVALUATION
dc.titleState-owned Banks in the Transition : Origins, Evolution, and Policy Responsesen
dspace.entity.typePublication
okr.date.doiregistration2025-04-15T11:13:51.852333Z
okr.doctypePublications & Research::Publication
okr.doctypePublications & Research::Publication
okr.docurlhttp://documents.worldbank.org/curated/en/2003/01/6301203/state-owned-banks-transition-origins-evolution-policy-responses
okr.globalpracticeSocial, Urban, Rural and Resilience
okr.globalpracticeMacroeconomics and Fiscal Management
okr.globalpracticeGovernance
okr.globalpracticeFinance and Markets
okr.globalpracticeGovernance
okr.globalpracticeFinance and Markets
okr.guid364131468742855118
okr.identifier.externaldocumentum000011823_20050921164237
okr.identifier.internaldocumentum6301203
okr.identifier.report25832
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2005/09/21/000011823_20050921164237/Rendered/PDF/258320State1banks1Final1022803.pdfen
okr.region.administrativeEurope and Central Asia
okr.sector(Historic)Sector not applicable
okr.sector(Historic)Sector not applicable
okr.topicEconomic Theory and Research
okr.topicFinance and Financial Sector Development::Financial Intermediation
okr.topicLaw and Development::Banking Law
okr.topicFinancial Crisis Management and Restructuring
okr.topicUrban Development::Municipal Financial Management
okr.topicMacroeconomics and Economic Growth
okr.unitPrivate/Financial Sectors Devt (ECSPF)
okr.volume1 of 1
Files
Original bundle
Now showing 1 - 2 of 2
Thumbnail Image
Name:
258320State1banks1Final1022803.pdf
Size:
442.7 KB
Format:
Adobe Portable Document Format
Download
No Thumbnail Available
Name:
258320State1banks1Final1022803.txt
Size:
519.29 KB
Format:
Plain Text
Download
License bundle
Now showing 1 - 1 of 1
No Thumbnail Available
Name:
license.txt
Size:
1.71 KB
Format:
Plain Text
Description:
Download
Collections
Stand alone books