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Foreign Banks and the Vienna Initiative: Turning Sinners into Saints?

Author/Editor: Ralph De Haas, Yevgeniya Korniyenko, Elena Loukoianova, Alexander Pivovarsky.

Release Date:May, 2012

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 more...



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