Arbeitspapier

Development and efficiency of the banking sector in a transitional economy: Hungarian experience

The paper analyzes the experiences and developments of Hungarian banking sector during the transitional process from a centralized economy to a market-oriented system.The paper identifies that early reorganization initiatives, flexible approaches to privatization, and liberal policies towards foreign banks involvement with the domestic institutions helped to build a relatively strong and increasingly efficient banking system.Banks with higher foreign bank ownership involvement were associated with lower inefficiency.

ISBN
951-686-930-0
Language
Englisch

Bibliographic citation
Series: BOFIT Discussion Papers ; No. 7/2000

Classification
Wirtschaft

Event
Geistige Schöpfung
(who)
Hasan, Iftekhar
Marton, Katherin
Event
Veröffentlichung
(who)
Bank of Finland, Institute for Economies in Transition (BOFIT)
(where)
Helsinki
(when)
2000

Handle
Last update
10.03.2025, 11:44 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Hasan, Iftekhar
  • Marton, Katherin
  • Bank of Finland, Institute for Economies in Transition (BOFIT)

Time of origin

  • 2000

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