Distorted Incentives Fading ? The Evolution of the Russian Banking Sector since Perestroika

    Abstract

    present study attempts to trace and analyze the development of the Russian banking sector since the final years of Soviet rule. It deals with legal foundations, banking supervision, banksÕ major sources of assets, liabilities, earnings and related changes, bank restructuring, rehabilitation programs, the role of foreign credit institutions and FDI. For many… (More)

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