IDEAS home Printed from https://ideas.repec.org/a/eee/crcspp/v42y1995ip257-302.html
   My bibliography  Save this article

The role of financial intermediaries in transitional economies

Author

Listed:
  • Gerard Caprio, Jr.

Abstract

No abstract is available for this item.

Suggested Citation

  • Gerard Caprio, Jr., 1995. "The role of financial intermediaries in transitional economies," Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 42(1), pages 257-302, June.
    • Handle: RePEc:eee:crcspp:v:42:y:1995:i::p:257-302
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/0167-2231(95)00036-Y
    Download Restriction: Full text for ScienceDirect subscribers only
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Raiser, Martin & Nunnenkamp, Peter, 1993. "Output decline and recovery in Central Europe: the role of incentives before, during and after privatisation," Kiel Working Papers 601, Kiel Institute for the World Economy (IfW Kiel).
    2. R McKinnon, 1991. "Financial Control in the Transition to a Market Economy," CEP Discussion Papers dp0040, Centre for Economic Performance, LSE.
    3. Stanislaw Gomulka, 1993. "The Financial Situation of Polish Enterprises 1992-93 and its Impact on Monetary and Fiscal Policies," CASE Network Studies and Analyses 0006, CASE-Center for Social and Economic Research.
    4. Robert G. King & Ross Levine, 1993. "Finance and Growth: Schumpeter Might Be Right," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 108(3), pages 717-737.
    5. Shafik, Nemat & DEC, 1993. "Making a market : mass privatization in the Czech and Slovak Republics," Policy Research Working Paper Series 1231, The World Bank.
    6. Philippe Aghion & Olivier Jean Blanchard, 1994. "On the Speed of Transition in Central Europe," NBER Chapters, in: NBER Macroeconomics Annual 1994, Volume 9, pages 283-330, National Bureau of Economic Research, Inc.
    7. Corbett, Jenny & Mayer, Colin, 1991. "Financial Reform in Eastern Europe: Progress with the Wrong Model," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 7(4), pages 57-75, Winter.
    8. Fisher, S. & Gelb, A., 1990. "Issues In Socialist Economy Reform," Working papers 567, Massachusetts Institute of Technology (MIT), Department of Economics.
    9. David Begg & Richard Portes, 1993. "Enterprise debt and economic transformation (Financial restructuring of the state sector in Central and Eastern Europe)," The Economics of Transition, The European Bank for Reconstruction and Development, vol. 1(1), pages 116-117, January.
    10. Pardy, Robert, 1992. "Institutional reform in emerging securities markets," Policy Research Working Paper Series 907, The World Bank.
    11. William Haraf, 1988. "Restructuring Banking & Financial Services in America," Books, American Enterprise Institute, number 917739, September.
    12. Blejer, Mario I. & Sagari, Silvia B., 1991. "Hungary : financial sector reform in a socialist economy," Policy Research Working Paper Series 595, The World Bank.
    13. Pinto, Brian & Belka, Marek & Krajewski, Stefan, 1993. "Transforming state enterprises in Poland : macroeconomic evidence on adjustment," Policy Research Working Paper Series 1101, The World Bank.
    14. Levine, Ross & Scott, David, 1993. "Old debts and new beginnings: A policy choice in transitional socialist economies," World Development, Elsevier, vol. 21(3), pages 319-330, March.
    15. Allan H. Meltzer, 1995. "Regulatory Arrangements, Financial Stability and Regulatory Reform," Palgrave Macmillan Books, in: Kuniho Sawamoto & Zenta Nakajima & Hiroo Taguchi (ed.), Financial Stability in a Changing Environment, chapter 1, pages 7-25, Palgrave Macmillan.
    16. Long, Millard & Sagari, Silvia B., 1991. "Financial reform in socialist economies in transition," Policy Research Working Paper Series 711, The World Bank.
    17. Gray, Cheryl W. & Hanson, Rebecca J., 1993. "Corporate governance in Central and Eastern Europe : lessons from advanced market economies," Policy Research Working Paper Series 1182, The World Bank.
    18. Fischer, Stanley & Gelb, Alan, 1990. "Issues in socialist economy reform," Policy Research Working Paper Series 565, The World Bank.
    19. Keeley, Michael C, 1990. "Deposit Insurance, Risk, and Market Power in Banking," American Economic Review, American Economic Association, vol. 80(5), pages 1183-1200, December.
    20. Pohl, Gerhard & Claessens, Stijn & DEC, 1994. "Banks, capital markets, and corporate governance : lessons from Russia for Eastern Europe," Policy Research Working Paper Series 1326, The World Bank.
    21. Roman Frydman & Edmund S. Phelps & Andrzej Rapaczynski & Andrei Shleifer, 1993. "Needed mechanisms of corporate governance and finance in Eastern Europe1," The Economics of Transition, The European Bank for Reconstruction and Development, vol. 1(2), pages 171-207, June.
    22. Caprio, Gerard, Jr & Levine, Ross, 1994. "Reforming Finance in Transitional Socialist Economies," The World Bank Research Observer, World Bank, vol. 9(1), pages 1-24, January.
    23. Pleskovic, Boris, 1994. "Financial policies in socialist countries in transition," Policy Research Working Paper Series 1242, The World Bank.
    24. King, Robert G. & Levine, Ross, 1993. "Finance, entrepreneurship and growth: Theory and evidence," Journal of Monetary Economics, Elsevier, vol. 32(3), pages 513-542, December.
    25. Mr. Peter Isard & Mr. Michael P. Dooley, 1991. "Establishing Incentive Structures and Planning Agencies That Support Market-Oriented Transformations," IMF Working Papers 1991/113, International Monetary Fund.
    26. Cowen, Tyler & Kroszner, Randall, 1989. "Scottish Banking before 1845: A Model for Laissez-Faire?," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 21(2), pages 221-231, May.
    27. English, William B., 1993. "The decline of private deposit insurance in the United States," Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 38(1), pages 57-128, June.
    28. Anderson, Robert E., 1994. "Voucher funds in transitional economies : the Czech and Slovak experience," Policy Research Working Paper Series 1324, The World Bank.
    29. John P Bonin, 1993. "On the Way to Privatizing Commercial Banks: Poland and Hungary Take Different Roads," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 35(4), pages 103-119, December.
    30. Calomiris, Charles W & Kahn, Charles M, 1991. "The Role of Demandable Debt in Structuring Optimal Banking Arrangements," American Economic Review, American Economic Association, vol. 81(3), pages 497-513, June.
    31. Brian Pinto & Marek Belka & Stefan Krajewski, 1993. "Transforming State Enterprises in Poland: Evidence on Adjustment by Manufacturing Firms," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 24(1), pages 213-270.
    32. Benston, George J. & Kaufman, George G., 1993. "Deposit insurance reform: a functional approach : A comment," Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 38(1), pages 41-50, June.
    33. Chamley, Christophe & Honohan, Patrick, 1990. "Taxation of financial intermediation : measurement principles and application to five African countries," Policy Research Working Paper Series 421, The World Bank.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Stijn Claessens, 1998. "Banking reform in transition countries," Journal of Economic Policy Reform, Taylor & Francis Journals, vol. 2(2), pages 115-133.
    2. Beck, T.H.L. & Fuchs, M., 2004. "Structural issues in the Kenyan financial system : Improving competition and access," Other publications TiSEM 4559d6fc-c664-47d1-9de0-4, Tilburg University, School of Economics and Management.
    3. Jan Hanousek & Gerard Roland, 2001. "Banking Passivity And Regulatory Failure In Emerging Markets: Theory And Evidence From The Czech Republic," William Davidson Institute Working Papers Series 424, William Davidson Institute at the University of Michigan.
    4. Katerina Smidkova, 2003. "The Emergence of Financial Markets in Transition: The Czech Experience," Macroeconomics 0304005, University Library of Munich, Germany.
    5. Wyplosz, Charles, 2000. "Ten Years of Transformation: Macroeconomic Lessons," CEPR Discussion Papers 2254, C.E.P.R. Discussion Papers.
    6. De Melo, Martha & Denizer, Cevdet, 1997. "Monetary policy during transition : an overview," Policy Research Working Paper Series 1706, The World Bank.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. repec:hal:spmain:info:hdl:2441/8101 is not listed on IDEAS
    2. repec:spo:wpmain:info:hdl:2441/8101 is not listed on IDEAS
    3. Jérôme Sgard, 1995. "Recapitalisations des banques et aléa moral en Hongrie et en Pologne," Post-Print hal-03585854, HAL.
    4. Jérôme Sgard, 1995. "Recapitalisations des banques et aléa moral en Hongrie et en Pologne," SciencePo Working papers Main hal-03585854, HAL.
    5. Budina, Nina & Garretsen, Harry & Jong, Eelke de, 1999. "Liquidity constraints and investment in transition economies : the case of Bulgaria," Research Report 00E05, University of Groningen, Research Institute SOM (Systems, Organisations and Management).
    6. Wyplosz, Charles, 2000. "Ten years of transformation - macroeconomic lessons," Policy Research Working Paper Series 2288, The World Bank.
    7. repec:idb:brikps:377 is not listed on IDEAS
    8. Jiang, Tianjiao & Levine, Ross & Lin, Chen & Wei, Lai, 2020. "Bank deregulation and corporate risk," Journal of Corporate Finance, Elsevier, vol. 60(C).
    9. Mr. Guillermo Calvo & Mr. Jacob A. Frenkel, 1991. "Obstacles to Transforming Centrally-Planned Economies: The Role of Capital Markets," IMF Working Papers 1991/066, International Monetary Fund.
    10. Bennett, John & Estrin, Saul & Hare, Paul, 1999. "Output and Exports in Transition Economies: A Labor Management Model," Journal of Comparative Economics, Elsevier, vol. 27(2), pages 295-317, June.
    11. repec:dgr:rugsom:00e05 is not listed on IDEAS
    12. Roubini, Nouriel & Sala-i-Martin, Xavier, 1995. "A growth model of inflation, tax evasion, and financial repression," Journal of Monetary Economics, Elsevier, vol. 35(2), pages 275-301, April.
    13. John H. Boyd & Mark Gertler, 1993. "US Commercial Banking: Trends, Cycles, and Policy," NBER Chapters, in: NBER Macroeconomics Annual 1993, Volume 8, pages 319-377, National Bureau of Economic Research, Inc.
    14. Benfratello, Luigi & Schiantarelli, Fabio & Sembenelli, Alessandro, 2008. "Banks and innovation: Microeconometric evidence on Italian firms," Journal of Financial Economics, Elsevier, vol. 90(2), pages 197-217, November.
    15. Kjell Sümegi & Peter Haiss, 2006. "The Relationship of Insurance and Economic Growth - a Theoretical and Empirical Analysis," EcoMod2006 272100091, EcoMod.
    16. Fabian Gouret, 2004. "The Macroeconomics of Massive Giveaways," Development and Comp Systems 0403001, University Library of Munich, Germany.
    17. Caprio, Gerard Jr., 1996. "Bank regulation : the case of the missing model," Policy Research Working Paper Series 1574, The World Bank.
    18. Gorton, Gary & Winton, Andrew, 2003. "Financial intermediation," Handbook of the Economics of Finance, in: G.M. Constantinides & M. Harris & R. M. Stulz (ed.), Handbook of the Economics of Finance, edition 1, volume 1, chapter 8, pages 431-552, Elsevier.
    19. Levine, Ross, 2005. "Finance and Growth: Theory and Evidence," Handbook of Economic Growth, in: Philippe Aghion & Steven Durlauf (ed.), Handbook of Economic Growth, edition 1, volume 1, chapter 12, pages 865-934, Elsevier.
    20. Demetriades, Panicos O. & Rousseau, Peter L., 2016. "The changing face of financial development," Economics Letters, Elsevier, vol. 141(C), pages 87-90.
    21. Donald S. Allen & Leonce Ndikumana, 1998. "Financial intermediation and economic growth in southern Africa," Working Papers 1998-004, Federal Reserve Bank of St. Louis.
    22. Martin Raiser, 1995. "“Transition is a bridge, therefore do not dwell upon it”1," The Economics of Transition, The European Bank for Reconstruction and Development, vol. 3(2), pages 215-246, June.
    23. Liu, Wan-Chun & Hsu, Chen-Min, 2006. "The role of financial development in economic growth: The experiences of Taiwan, Korea, and Japan," Journal of Asian Economics, Elsevier, vol. 17(4), pages 667-690, October.
    24. Cull, Robert & Xu, Lixin Colin, 2000. "Bureaucrats, State Banks, and the Efficiency of Credit Allocation: The Experience of Chinese State-Owned Enterprises," Journal of Comparative Economics, Elsevier, vol. 28(1), pages 1-31, March.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:crcspp:v:42:y:1995:i::p:257-302. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/jme .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.