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Financial Services Privatisation: Two Case Studies

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  • John A. Consiglio

Abstract

How Romania¡¯s, and Estonia¡¯s, financial services sectors moved towards, and through, their respective privatisation processes provides sharply contrasting scenarios. For a long time Romania¡¯s following up of a promise made to the International Monetary Fund was simply an unimpressive record of dithering. By contrast, Estonia¡¯s performance was a generally positive account, one which was based on norms and structures which were often comparable to those in advanced industrial countries. This paper examines in detail these two national experiences.

Suggested Citation

  • John A. Consiglio, 2018. "Financial Services Privatisation: Two Case Studies," International Journal of Financial Research, International Journal of Financial Research, Sciedu Press, vol. 9(4), pages 63-77, October.
    • Handle: RePEc:jfr:ijfr11:v:9:y:2018:i:4:p:63-77
    DOI: 10.5430/ijfr.v9n4p63
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    References listed on IDEAS

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    1. Lembke B., 1918. "√ a. p," Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik), De Gruyter, vol. 111(1), pages 709-712, February.
    2. Derek H. Aldcroft & Steven Morewood, 1995. "Economic Change in Eastern Europe since 1918," Books, Edward Elgar Publishing, number 7.
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