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.
Recommended Citation
Chowdhury, Abdur, "Banking Reform in Russia: Winds of Change?" (2003). Economics Faculty Research and Publications. 63.
https://epublications.marquette.edu/econ_fac/63
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.