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• W1487841808 abstract "In the three fast track, Central European transition countries, Hungary, Poland and the Czech Republic, bank restructuring and privatization involved different approaches and met with a variety of outcomes. Hence, these experiences in otherwise similar transition economies provide important lessons for bank privatization in other transition countries and in developing economies. If an independent market-oriented banking sector is the overriding goal, three fundamental conclusions emerge. First, bank restructuring and privatization must be sequenced carefully to create the appropriate incentives for lending on a commercial basis only in the future. Second, privatization requires a credible transfer of proper corporate culture is most easily established by attracting a strategic investor, preferably a foreign financial institution." @default.
• W1487841808 created "2016-06-24" @default.
• W1487841808 creator A5074041773 @default.
• W1487841808 creator A5081223424 @default.
• W1487841808 date "1999-05-01" @default.
• W1487841808 modified "2023-09-27" @default.
• W1487841808 title "Lessons from Bank Privatization in Central Europe" @default.
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• W1487841808 hasPublicationYear "1999" @default.
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