The Future of State-Owned Financial Institutions
Zoomicon-zoom-in
The Future of State-Owned Financial Institutions
The Future of State-Owned Financial Institutions

The Future of State-Owned Financial Institutions

By
Gerard Caprio (Contributor) Jonathan L. Fiechter (Contributor) Robert E. Litan (Contributor)  

Paperback

Available / dispatched within 1 - 4 weeks

Quantity
Research suggests that if the majority of a country's financial institutions are owned by the state, that country will experience slower financial development, less efficient financial systems, less private sector credit, and slower GDP growth. Yet more than 40 percent of the world's population live in countries in which public sector institutions dominate the banking system. In The Role of State-Owned Financial Institutions: Policy and Practice noted experts discuss the challenges presented by state-owned financial institutions and offer cross-disciplinary solutions for policymakers and banking regulators. The issues include: methods for effectively managing, reforming, and privatizing state-owned banks; the fiscal costs and contingent liabilities of state-owned banks; macroeconomic implications and the impact of state-owned banking on access to credit in an economy; guidance for effective supervision of state-owned banks; managerial perspectives on improving products, human resources, and risk; management case studies of different methods of privatization, such as initial public offerings, employee stock ownership plans, and strategic investors Contributors include: David Binns (Beyster Institute), Robert Cull (World Bank), Ron Gilbert (ESOP Services), James A. Hanson (World Bank), Richard Hemming (International Monetary Fund), Fred Huibers (ING Research), Arminio Fraga (formerly Central Bank of Brazil), Nicholas Lardy (Institute for International Economics), David Marston (International Monetary Fund), Moody's Global Investor Service, Herman Mulder (ABN-Amro), William Nichol (Deutsche Bank AG), Urjit Patel (Infrastructure Development Finance Company, India), and P. S. Srinivas (World Bank).
Gerard Caprio is director of the Operations Policy Department in the World Bank's Financial Sector Presidency. Jonathan L. Fiechter is deputy director of the Monetary and Financial Systems Department at the International Monetary Fund. Robert E. Litan is a senior fellow in Economic Studies at Brookings and vice president for research and policy at the Kauffman Foundation, USA. Michael Pomerleano is lead financial specialist in the Financial Sector Operations and Policy Department of the World Bank.
  • Contributor: Gerard Caprio
  • Imprint: Brookings Institution
  • ISBN13: 9780815713357
  • Number of Pages: 396
  • Packaged Dimensions: 152x228x21mm
  • Packaged Weight: 535
  • Format: Paperback
  • Publisher: Rowman & Littlefield
  • Release Date: 2005-01-07
  • Binding: Paperback / softback
  • Biography: Gerard Caprio is director of the Operations Policy Department in the World Bank's Financial Sector Presidency. Jonathan L. Fiechter is deputy director of the Monetary and Financial Systems Department at the International Monetary Fund. Robert E. Litan is a senior fellow in Economic Studies at Brookings and vice president for research and policy at the Kauffman Foundation, USA. Michael Pomerleano is lead financial specialist in the Financial Sector Operations and Policy Department of the World Bank.

Delivery Options

Home Delivery

Store Delivery

Free Returns

We hope you are delighted with everything you buy from us. However, if you are not, we will refund or replace your order up to 30 days after purchase. Terms and exclusions apply; find out more from our Returns and Refunds Policy.