Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/103646 
Year of Publication: 
2014
Series/Report no.: 
eabh Papers No. 14-09
Publisher: 
The European Association for Banking and Financial History (EABH), Frankfurt a. M.
Abstract: 
The financial services sectors of Romania and Estonia moved towards privatization in sharply contrasting manners. For a long time Romania's enthusiasm for its 1998 promise to the IMF to privatize its leading banks was only a commitment on paper; few steps were made towards its fulfillment. By contrast, Estonia's experience of privatization was generally a positive one, based on norms and structures often comparable to those in advanced industrial economies.
Subjects: 
privatization
financial
services
Romania
Estonia
EBRD
IMF
JEL: 
G21
G28
N24
P34
Document Type: 
Working Paper

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