Foreign Banks and the Vienna Initiative : Turning Sinners Into Saints? /

We use data on 1,294 banks in Central and Eastern Europe to analyze how bank ownership and creditor coordination in the form of the Vienna Initiative affected credit growth during the 2008-09 crisis. As part of the Vienna Initiative western European banks signed country-specific commitment letters i...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: De Haas, Ralph
Weitere Verfasser: Korniyenko, Yevgeniya, Loukoianova, Elena, Pivovarsky, Alexander
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2012.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2012/117
Online Zugang:Full text available on IMF