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On the Way to Privatizing Commercial Banks: Poland and Hungary Take Different Roads

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  • John P Bonin

Abstract

“If capital is at the heart of capitalism, then well-functioning capital markets are at the heart of a well-functioning capitalist economy.” (Stiglitz 1992).“Enterprise restructuring, privatization and banking reform must go forward together.” (Brainard 1991).

Suggested Citation

  • 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.
  • Handle: RePEc:pal:compes:v:35:y:1993:i:4:p:103-119
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    Citations

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    Cited by:

    1. Mitchell, Janet, 2001. "Bad Debts and the Cleaning of Banks' Balance Sheets: An Application to Transition Economies," Journal of Financial Intermediation, Elsevier, vol. 10(1), pages 1-27, January.
    2. R.T.A. de Haas, 2001. "Financial development and economic growth in transition economies A survey of the theoretical and empirical literature," Research Series Supervision (discontinued) 35, Netherlands Central Bank, Directorate Supervision.
    3. 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.
    4. Csaba, László, 1995. "A nemzetközi pénzügyi szervezetek és a keleteurópai rendszerátalakító politika
      [International financial organizations and the East European policies aimed at systemic transformation]
      ," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(2), pages 117-138.
    5. Bas Aarle & Nina Budina, 1997. "Financial repression, money growth, and seignorage: The Polish experience," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 133(4), pages 683-707, December.
    6. Dado, Marinela E. & Klingebiel, Daniela, 2002. "Decentralized credtor-led corporate restructuring - cross-country experience," Policy Research Working Paper Series 2901, The World Bank.

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