Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/212474
Year of Publication: 
2000
Series/Report no.: 
BOFIT Discussion Papers No. 7/2000
Publisher: 
Bank of Finland, Institute for Economies in Transition (BOFIT), Helsinki
Abstract: 
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.
Persistent Identifier of the first edition: 
ISBN: 
951-686-930-0
Document Type: 
Working Paper

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