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.
DOI:
10.1057/9780230286634
URL:
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