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- W2357763578 abstract "The privatization of State-owned banks has been a trend around the world since mid 1970s, in which some countries experienced banking crises. However, there existed a bank nationalization wave before bank privatization . Although state-owned banks have poorer performance than private banks, Empirical studies to examine the relationship between banks and banking crisis have found little or weak evidence of a causal link. State-owned banks are less susceptible to run as government provides guaranty. In fact, during state-owned banks reform in China, government is increasingly giving up the control over state-owned banks. International experiences show that both efficiency and financial stability should be considered, and it is more important to constitute and improve institutions relating to banking than to solve problems of bank ownership, moreover, risks of losing financial sovereignty should be avoided in foreign strategic investors' purchasing shares of state-owned banks." @default.
- W2357763578 created "2016-06-24" @default.
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- W2357763578 date "2005-01-01" @default.
- W2357763578 modified "2023-09-22" @default.
- W2357763578 title "Privatization, Nationalization and the Reform of State-owned Banks" @default.
- W2357763578 hasPublicationYear "2005" @default.
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