Sustaining Russia's growth: The role of financial reform

Journal of Comparative Economics

Volumn 37, Issue 2, 2009, Pages 198-206

  Berglof, Erik ^a   Lehmann, Alexander ^a  

^a EUROPEAN BANK FOR RECONSTRUCTION AND DEVELOPMENT   (United Kingdom)

Author keywords

Corporate finance and governance; Economic development: Financial markets; Saving and capital investment; Socialist systems and transitional economies

Indexed keywords

EID: 67349135031     PISSN: 01475967     EISSN: 10957227     Source Type: Journal    
DOI: 10.1016/j.jce.2009.01.003     Document Type: Article

References (15)

1. Abiad, A., Mody, A., 2003. Financial reform: What shakes it, what shapes it? IMF Working Paper No. 03/70
2. Berglöf E., and Bolton P. The great divide and beyond: Financial architecture in transition. Journal of Economic Perspectives 16 1 (2002) 77-100 (Winter 2002)
3. Cotarelli, C., Dell'Ariccia, G., Vladkova-Hollar, I., 2003. Early birds, later risers, and sleeping beauties: Bank credit growth to the private sector in Central and Eastern Europe and the Balkans. IMF Working Paper No. 03/213
4. EBRD, 2006. Transition report 2006: Finance in transition. EBRD, London
5. EBRD, 2007. Transition report 2006: People in transition. EBRD, London
6. EBRD/IMF, 2006. Governance reforms since the Asian and Russian crises. Unpublished Working Papers
7. Falcetti E., Lysenko T., and Sanfey P. Reforms and growth in transition: Re-examining the evidence. Journal of Comparative Economics 34 3 (2006) 421-445
8. Hanousek, J., Kocenda, E., 2007. The banking sector in new EU member countries: A sectoral financial flow analysis. Mimeo
9. Hausmann, R., Pritchett, L., Rodrik, D., 2004. Growth Accelerations. NBER Working Paper No. 10566
10. Joeveer, K., Pissarides, F., Svejnar, J., 2006. Bank lending and performance of micro, small and medium-sized enterprises: Evidence from Bulgaria, Georgia. Working Paper. EBRD, Russia and Ukraine
11. McFaul, M., Stoner Weiss, K., 2008. The myth of the authoritarian model: How Putin's crackdown holds Russia back. Foreign Affairs, January/February
12. OECD, 2006. Economic Survey Russian Federation. OECD, Paris
13. Rajan R., and Zingales L. Financial dependence and growth. American Economic Review 88 3 (1998) 559-586
14. Shleifer A., and Treisman D. Without a Map (2000), MIT Press
15. Vernikov A. Russia's banking sector transition: Where to?. BOFIT Discussion Papers No. 5. Bank of Finland, Helsinki. Available online at: (2007). http://www.bof.fi/bofit