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  • 1
    Online Resource
    Online Resource
    London : Palgrave Macmillan UK | London : Imprint: Palgrave Macmillan
    ISBN: 9780230286634
    Language: English
    Pages: 1 Online-Ressource(XXII, 287 p.)
    Edition: 1st ed. 2000.
    Series Statement: Studies in Economic Transition
    Parallel Title: Erscheint auch als
    Parallel Title: Erscheint auch als
    Parallel Title: Erscheint auch als
    Keywords: International economics. ; Banks and banking. ; International economic relations. ; Financial services industry.
    Abstract: The book asks whether transplanting banks can solve the problems involved in creating a well-functioning market economy from outside, looking especially at the virtually complete takeover of East German banks by their Western counterparts after unification. Drawing on a wide range of English and German sources, and fieldwork interviews across Germany, it argues that there are no quick fix solutions to transition to a market. Implications are discussed for East Germany and for other previously centrally planned economies, and the global implications of foreign ownership in banking are considered.
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