Revising financial sector policy in transitional socialist economies : will universal banks prove viable? (anglais)

Focusing on efforts under way in most transitional socialist economies, the author questions whether the banks emerging in the new policy framework will prove viable or be supervisable. He offers a model of financial sector structure designed to foster the development of a sound banking system. In describing the environment in which financial policy is being revised, the author notes that the extraordinary challenges policymakers face might influence...
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