Germany's Three-Pillar Banking System: Cross-Country Perspectives in Europe
AbstractGerman banks tend to be less profitable than their foreign counterparts. This paper estimates the likely effect of the phaseout of state guarantees for public sector banks, reviews the various ways in which public policy could contribute to their restructuring, and discusses the various arguments for and against public involvement in banking.
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Bibliographic InfoPaper provided by International Monetary Fund in its series IMF Occasional Papers with number 233.
Date of creation: 21 Jun 2004
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