Publication: State Financial Institutions : Can They Be Relied on to Kick-Start Lending?
Date
2010-01
ISSN
Published
2010-01
Author(s)
Rudolph, Heinz P.
Abstract
The need to kick-start lending to the
real sector in response to the global financial crisis is
leading many countries to expand the role of state-owned
financial institutions. The effectiveness of the support by
these institutions depends in large part on the nature of
the shock, on their ability to leverage private commercial
banks to scale up their impact, and on the existence of a
sound institutional framework. While it is too early to
evaluate their effectiveness, past experience with the use
of such institutions is sobering. Whether countries will
heed the les sons of this experience remains to be seen.
Citation
“Rudolph, Heinz P.. 2010. State Financial Institutions : Can They Be Relied on to Kick-Start Lending?. Crisis Response Note; No. 12. © World Bank, Washington, DC. http://openknowledge.worldbank.org/entities/publication/a0f504ef-1708-54cb-8ec2-df2894c39bb5 License: CC BY 3.0 IGO.”