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Banking in Transition
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Banking in Transition : East Germany after Unification

Book Details

Format Hardback
ISBN-10 0333751353
ISBN-13 9780333751350
Publisher Palgrave Macmillan
Imprint Palgrave Macmillan
Country of Manufacture GB
Country of Publication GB
Publication Date Feb 17th, 2000
Print length 287 Pages
Weight 490 grams
Dimensions 21.90 x 15.40 x 2.30 cms
KSh 16,200.00
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The book asks whether transplanting banks can solve the problems involved in creating a well-functioning market economy from outside, looking especially at the virtually complete takeover of East German banks by their Western counterparts after unification.
The book asks whether transplanting banks can solve the problems involved in creating a well-functioning market economy from outside, looking especially at the virtually complete takeover of East German banks by their Western counterparts after unification. Drawing on a wide range of English and German sources, and fieldwork interviews across Germany, it argues that there are no quick fix solutions to transition to a market. Implications are discussed for East Germany and for other previously centrally planned economies, and the global implications of foreign ownership in banking are considered.

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