Banking in Transition East Germany after Unification |
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Author:
| Robins, G. |
Series title: | Studies in Economic Transition Ser. |
ISBN: | 978-0-230-28663-4 |
Publication Date: | Feb 2000 |
Publisher: | Palgrave Macmillan
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Book Format: | Ebook |
List Price: | USD $155.00 |
Book Description:
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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...
More DescriptionThe 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.