Economic Reform Path and Bank Privatization
Chapter 2 examines the economic reform path and bank privatization variables in my analysis. I reconstruct the path of banking sector reform in the four cases since the early 1990s. In particular, I discuss the timing of banking sector privatization and the extent to which foreign banks were allowed to enter the domestic market. We will return to these independent variables in Chapter 4, which analyzes the most important determinants of banking sector regulatory approach during the period of rapid credit growth in the region, 2000–2008.
KeywordsCommercial Bank Banking Sector Bank Privatization Foreign Bank Capital Adequacy Ratio
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