State-Owned Banks, Stability, Privatization, and Growth Practical Policy Decisions in a World Without Empirical Proof

Andrews, A. Michael

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State-Owned Banks, Stability, Privatization, and Growth Practical Policy Decisions in a World Without Empirical Proof

IMF Working Paper No. 05/10

55 Pages Posted: 10 Jan 2006

See all articles by A. Michael Andrews

A. Michael Andrews

International Monetary Fund (IMF) - Monetary and Finacial Systems Department (MFD)

Date Written: January 2005

Abstract

This paper provides an overview of the possible linkages between state-owned banks, privatization, and banking sector crises. Data on privatizations in over 65 countries is used together with data from the banking crisis literature to consider the relationship between state-owned banks and financial sector stability. The paper draws on the existing literature to provide guidance to policymakers regarding bank privatization.

Keywords: State-owned banks, financial stability, banking crises, privatization

JEL Classification: G18, G21, G32, L32

Suggested Citation: Suggested Citation

Andrews, A. Michael, State-Owned Banks, Stability, Privatization, and Growth Practical Policy Decisions in a World Without Empirical Proof (January 2005). IMF Working Paper No. 05/10, Available at SSRN: https://ssrn.com/abstract=874231