State bank transformation in Brazil : choices and consequences / / Thorsten Beck, Juan Miguel Crivelli, William Summerhill.

Format:

Book

Government document

Author/Creator:

Beck, Thorsten.

Contributor:

World Bank.

Crivelli, Juan Miguel.

Series:

Policy research working papers ; 3619.

World Bank e-Library.

Policy research working paper ; 3619

Language:

English

Subjects (All):

Banks and banking--Government policy--Brazil.

Banks and banking.

Other Title:

State bank transformation in Brazil

Policy research working paper vol. 3619

Place of Publication:

[Washington, D.C. : World Bank, 2005]

System Details:

data file

Summary:

"The authors analyze the different options-liquidation, federalization, privatization, and restructuring-that the Brazilian state government had for the transformation of state banks under the Programa de Incentivo a Reducao do Setor Publico Estadual na Atividade Bancaria (PROES) in the late 1990s. Specifically, they explore the factors behind the states' choices and the effects of the transformation process on bank performance and efficiency. The authors find that states that were more dependent on federal transfers, whose banks were already under federal intervention and that established development agencies were more likely to relinquish control over their banks and transformation processes. They also find that privatized banks had improved performance, while restructured banks did not. "--World Bank web site.

Notes:

Title from PDF file as viewed on 6/2/2005.

Includes bibliographical references.

Publisher Number:

10.1596/1813-9450-3619