"What Are the ‘Right’ Incentives for Reform? A Panel Analysis of the Quality of Banking Sector Reform in the Post-communist Region"

Spendzharova, Aneta B. (2007) "What Are the ‘Right’ Incentives for Reform? A Panel Analysis of the Quality of Banking Sector Reform in the Post-communist Region". In: UNSPECIFIED, Montreal, Canada. (Unpublished)

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Abstract

This paper uses pooled cross-sectional time series analysis to examine the factors that push governments in the post-communist region to pursue good quality banking sector reform. I probe the impact of two important characteristics of the domestic political system: partisan politics and domestic alliances. I also test the effect of conditionality programs promoted by the IMF. The paper considers two alternative explanations of banking sector reform that are based on economic development and intrinsic cultural differences.

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