Title

Banking Reform in Russia: Winds of Change?

Document Type

Article

Language

eng

Format of Original

15 p.

Publication Date

2003

Publisher

Taylor & Francis

Source Publication

The Journal of Policy Reform

Source ISSN

1384-1289

Abstract

Only a successful implementation of an overall reform program will enable Russian banks to provide financial intermediation and assist in the country's development from a nascent market economy to a mature financial system. The chances for reform are better now than at any time during the last decade. Favorable political and economic conditions and a change in attitude among bank management have created an unusual window of opportunity. The paper analyzes the past performance of the Russian banking industry, evaluates the reform agenda of the monetary authority, and argues for an overall reform program in order to seize the available opportunity.

Comments

Journal of Policy of Reform, Vol. 6, No. 2 (2003): 89-103. DOI.

Abdur Chowdhury was affiliated with the United Nations Economic Commission for Europe at the time of publication.

Share

COinS