Germany's three-pillar banking system: cross country perspectives in Europe

German banks tend to be less profitable than their foreign counterparts. This paper estimates the likely effect of the phaseout of state guarantees for public sector banks, reviews the various ways in which public policy could contribute to their restructuring, and discusses the various arguments fo...

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Bibliographische Detailangaben
Hauptverfasser: Brunner, Allan D. 1958- (VerfasserIn), Decressin, Jörg (VerfasserIn), Hardy, Daniel C. L. (VerfasserIn), Kudela, Beata (VerfasserIn)
Körperschaft: Internationaler Währungsfonds (VerfasserIn)
Format: Elektronisch E-Book
Sprache:English
Veröffentlicht: Washington, D.C International Monetary Fund 2004
Schriftenreihe:Occasional papers Occasional paper no. 233
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Volltext
Zusammenfassung:German banks tend to be less profitable than their foreign counterparts. This paper estimates the likely effect of the phaseout of state guarantees for public sector banks, reviews the various ways in which public policy could contribute to their restructuring, and discusses the various arguments for and against public involvement in banking
Beschreibung:1 1 Online-Ressource (v, 46 Seiten) diagrams
ISBN:1589063481
9781589063488

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