Germany's Three-Pillar Banking System : Cross-Country Perspectives in Europe.
German banks tend to be less profitable than their foreign counterparts. This paper estimates the likely effect of the phaseout of state guarantees for public sector banks, reviews the various ways in which public policy could contribute to their restructuring, and discusses the various arguments fo...
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| Format: | Journal |
| Language: | English |
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Washington, D.C. :
International Monetary Fund,
2004.
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| Series: | Occasional Papers; Occasional Paper ;
No. 2004/007 |
| Online Access: | Full text available on IMF |