State Bank Transformation in Brazil - Choices and Consequences

@inproceedings{Beck2005StateBT,
  title={State Bank Transformation in Brazil - Choices and Consequences},
  author={Thorsten Beck and Juan Miguel Crivelli and William R. Summerhill},
  year={2005}
}
The authors analyze the different options-liquidation, federalization, privatization, and restructuring-that the Brazilian state government had for the transformation of state banks under the Programa de Incentivo a Reducao do Setor Publico Estadual na Atividade Bancaria (PROES) in the late 1990s. Specifically, they explore the factors behind the states' choices and the effects of the transformation process on bank performance and efficiency. The authors find that states that were more… CONTINUE READING
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