Download or read book Measuring Banking Efficiency in the Pre and Post liberalization Environment written by Cevdet Denizer and published by World Bank Publications. This book was released on 2000 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt: Banking efficiency in Turkey was expected to improve after liberalization. Instead, it declined, perhaps because of increasing macroeconomic instability.
Download or read book Measuring Banking Efficiency in the Pre and Post Liberalization Environment written by Cevdet Denizer and published by . This book was released on 2016 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt: Banking efficiency in Turkey was expected to improve after liberalization. Instead, it declined, perhaps because of increasing macroeconomic instability.Denizer, Dinc, and Tarimcilar examine banking efficiency before and after liberalization, drawing on Turkey's experience. They also investigate the scale effect on efficiency by type of ownership.Their findings suggest that liberalization programs were followed by an observable decline in efficiency, not an improvement. During the study period Turkish banks did not operate at the optimum scale.Another unexpected result was that efficiency was no different between state-owned and privately owned banks. Banks that were privately owned or foreign owned had been expected to respond better to liberalization, because they were smaller and more dynamically structured, but they were no more efficient than state-owned banks.One reason for the systemwide decline in efficiency might have been the general increase in macroeconomic instability during the period studied.This paper - a joint product of the Poverty Reduction and Economic Management Sector Unit, Europe and Central Asia Region, and the Development Data Group - is part of a larger effort in the Bank to understand banking efficiency after financial liberalization in Europe and Central Asia. The authors may be contacted at [email protected], mdinc@worldbankorg or [email protected].
Download or read book Reforming the Financial Sector in Central European Countries written by S. Poloucek and published by Springer. This book was released on 2016-01-13 with total page 243 pages. Available in PDF, EPUB and Kindle. Book excerpt: The analysis in this book reflects various aspects of financial sector transformation in selected Central European countries that are expected to join the EU in 2004. The authors are Central European financial experts who provide, among other things, a detailed overview of the following main topics: Banking Regulation and Supervision; Concentration and Efficiency of the Banking Sectors; Financial (banking) crises in selected Central European countries; and Monetary and Exchange Rate Development. The results of the research done by these authors reflect an interesting fact: that there exist important differences in the financial sector development even in the relatively homogeneous group of selected Central European countries, namely the Czech Republic, Poland, Slovakia and Hungary.
Download or read book Globalization of Financial Institutions written by Hasan Dincer and published by Springer Science & Business Media. This book was released on 2013-11-23 with total page 275 pages. Available in PDF, EPUB and Kindle. Book excerpt: This peer-reviewed volume from the Society for the Study of Business and Finance, discusses current issues in globalization and financial system from an international political and economic perspective. Contemporary instruments and actors in the global financial system are specially analyzed and the discussion of managerial and financial issues of the global financial strategies offers novelty to readers and researchers in the field.
Download or read book Deregulation and Efficiency of Indian Banks written by Sunil Kumar and published by Springer Science & Business Media. This book was released on 2013-10-23 with total page 340 pages. Available in PDF, EPUB and Kindle. Book excerpt: The goal of this book is to assess the efficacy of India’s financial deregulation programme by analyzing the developments in cost efficiency and total factor productivity growth across different ownership types and size classes in the banking sector over the post-deregulation years. The work also gauges the impact of inclusion or exclusion of a proxy for non-traditional activities on the cost efficiency estimates for Indian banks, and ranking of distinct ownership groups. It also investigates the hitherto neglected aspect of the nature of returns-to-scale in the Indian banking industry. In addition, the work explores the key bank-specific factors that explain the inter-bank variations in efficiency and productivity growth. Overall, the empirical results of this work allow us to ascertain whether the gradualist approach to reforming the banking system in a developing economy like India has yielded the most significant policy goal of achieving efficiency and productivity gains. The authors believe that the findings of this book could give useful policy directions and suggestions to other developing economies that have embarked on a deregulation path or are contemplating doing so.
Download or read book The Development of the Chinese Financial System and Reform of Chinese Commercial Banks written by D. Luo and published by Springer. This book was released on 2016-03-08 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Chinese financial sector, despite having been developed at a much later stage compared with other developed nations, has achieved substantial progresses over the past decades. By the end of 2014, a total of 16 commercial banks had been listed on the stock exchanges, exerting strong impact onto the market indices and contributing significantly to the country's sustained economic growth. This book reviews the evolution of the Chinese financial system, examining the effectiveness of reform strategies made by the government over the last ten years. The first chapter offers a comprehensive review of the development of the Chinese banking sector and the state-owned banks (SOBs). The second chapter focuses on the efficiency of the Chinese banking sector. Employing data envelopment analysis (DEA) and stochastic frontier analysis (SFA), the author tests the change of efficiency within the Chinese banking sector over the past decade. It also looks at the strategy adopted by the Chinese government as the final attempt in reforming its troublesome SOBs and the effectiveness of such a reform strategy. The next chapter examines the corporate governance practise of the Chinese commercial banks, and the author follows by investigating the effect of the 2007 US credit crunch on Chinese banks and the country's wider economy. Other chapters survey the influence of foreign entry to the Chinese domestic banking sector, and the development of shadow banking in China. The author concludes by discussing the role of the central bank, namely the People's Bank of China (PBOC), and its role in implementing effective policies to promote economic growth.
Download or read book The World Bank in Turkey 1993 2004 written by Basil Kavalsky and published by World Bank Publications. This book was released on 2006-01-01 with total page 136 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the objectives set by the World Bank for its operations in Turkey in the period 1993-2004 and the extent to which those objectives were met.
Download or read book Banking Crises and Exchange Rate Regimes written by Ilker Domaç and published by World Bank Publications. This book was released on 2000 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: Pursuing a policy of exchange rate stability reduces the probability of banking crises, particularly in developing countries.
Download or read book The Credit Crunch in East Asia written by Pierre-Richard Agénor and published by World Bank Publications. This book was released on 2000 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: A two-step approach is used to assess the extent to which the credit crunch in East Asia was supply- or demand-driven. The results for Thailand suggest that the contraction in bank lending that accompanied the crisis was the result of supply factors.
Download or read book Institutions Politics and Contracts written by Lorena Alcázar and published by World Bank Publications. This book was released on 2000 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt: That Lima's water system was in near-crisis was not enough to bring about radical change. Partial reforms to reduce many of the city's worst problems were carried out under public management. But a quarter of Lima's citizens still had no access to water or sewerage connections, extended service interruptions were common and more than a third of the scarce water supply was wasted. Why did the push for privatized water and sanitation fall?
Download or read book Contractual Savings Stock and Asset Markets written by Gregorio Impavido and published by World Bank Publications. This book was released on 2000 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: Cross-country and time-series evidence from some OECD and developing countries shows that pension funds and life and nonlife insurance companies contribute to stock market development.
Download or read book Health Insurance Reform in Four Latin American Countries written by William Jack and published by World Bank Publications. This book was released on 2000 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt: Argentina, Brazil, Chile, and Colombia have reformed the ways health insurance and health care are organized and delivered, have extended formal coverage to previously marginalized groups, and have tried to finance this extension fairly. Each has reformed health insurance differently.
Download or read book Can Institutions Resolve Ethnic Conflict written by William Russell Easterly and published by World Bank Publications. This book was released on 2000 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: Ethnic diversity has a more adverse effect on economic policy and growth when a government's institutions are poor. But poor institutions have an even more adverse effect on growth and policy when ethnic diversity is high.
Download or read book Picking the Poor written by Norbert Rüdiger Schady and published by World Bank Publications. This book was released on 2000 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: Geographic targeting of social programs to the poor has become increasingly important in Peru. The potential payoffs of such targeting are large, and differences in outcomes with different targeting indicators are small.
Download or read book Estimating the Effects of Corruption written by Aminur Rahman and published by World Bank Publications. This book was released on 2000 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: Countries that are serious about reducing corruption tend to attract more investment, both domestic and foreign, and to accelerate economic growth and poverty reduction.
Download or read book Foreign Direct Investment in Africa written by Jacques Morisset and published by World Bank Publications. This book was released on 2000 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: A few Sub-Saharan countries, by improving their business environment, have begun to attract more substantial foreign direct investment than other African countries with bigger domestic markets and greater natural resources. Like Ireland and Singapore, perhaps they can become competitive internationally and attract sustainable foreign direct investment.
Download or read book Finance and Marcoeconomic Volatility written by Cevdet Denizer and published by World Bank Publications. This book was released on 2000 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: Countries with more developed financial sectors, experience fewer fluctuations in real per capita output, consumption, and investment growth. But the manner in which the financial sector develops matters. The relative importance of banks in the financial system is important in explaining consumption, and investment volatility. The proportion of credit provided to the private sector, best explains volatility of consumption, and output. The authors generate their main results using fixed-effects estimates with panel data from seventy countries for the years 1956-98. Their general findings suggest that the risk management, and information processing provided by banks, maybe especially important in reducing consumption, and investment volatility. The simple availability of credit to the private sector, probably helps smooth consumption, and GDP.
