Changes in economic regime and productivity growth: a study of Indian public sector banks
Article Abstract:
Economic liberalization and banking deregulation can increase the total factor productivity (TFP) under a mature commercial banking setup, as the case of the Indian public banking sector shows. Indian commercial banks first underwent the stage of nationalization, which resulted to about 2% annual productivity growth. However, a larger increase followed of 7% followed after liberalization and gradual banking deregulation have taken place. This shows that deregulation has the potential to raise productivity by driving economic competition to promote increases in efficiency.
Publication Name: Journal of Comparative Economics
Subject: Economics
ISSN: 0147-5967
Year: 1997
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Bank privatization in Poland: the case of Bank Slaski
Article Abstract:
The privatization of Bank Slaski S.A. w Katowicach (BSK) of Poland demonstrates the advantages of luring strategic foreign investors and increasing budget revenues from bank sales. Other benefits include the enhancement of business restructuring, protection of an emerging stock market and cultivation of a robust domestic presence in the banking industry. BSK's privatization stresses the vital connection between bank privatization policies and corresponding strategies aimed at producing a market-oriented banking industry.
Publication Name: Journal of Comparative Economics
Subject: Economics
ISSN: 0147-5967
Year: 1997
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