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The European Bibliography of Slavic and East European Studies (EBSEES) collects books, journal articles, reviews and dissertations from Eastern Europe (former countries of Eastern Bloc) which were published in Belgium, Germany, Finland, France, Great Britain, the Netherlands, Austria and Switzerland from 1991 to 2007. The segment "Literature" and "Culture" of the European Bibliography of Slavic and East European Studies contains 18.000 bibliographic entries (from the total asset of 85.000). More information can be found here.
| ID | 104134 |
| Author(s) | Neale, C.W.; Bozsik, S |
| Title | How the Hungarian State-owned Banks were Privatised |
| Published | Post-Communist Economies 13, 2001, pp. 147-169 |
| Language(s) | English |
| ISSN | 1463-1377 |
| Subjects | Hungary / Banks and Banking [Browse all] |
| Note | "Hungary was the first transition economy to complete the process of privatisating state banks. This article outlines this process in the light of the economic and financial pressures after 1989, which had severely weakened the financial condition of these banks. It describes the ways in which bank balance sheets were consolidated by state-underwritten loan write-offs and injections of capital within a new legislative framework. The main privatisations are described in a set of mini-case studies. The process was effectively complete by end-1997. The EBRD was closely involved as adviser and investor, significant revenue was generated for the state (albeit much lower than the consolidation support required), foreign strategic investors were attracted and no major financial institution had to be liquidated. Despite the attendant controversy and scandal, the Hungarian experience offers useful lessons to other transition economies which have yet to seriously address this issue." |
| Medium | article |
| URL | www.tandfonline.com (homepage) |
| Holdings | see in ZDB-Katalog |
| PURL | Citation link |
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