Public Sector Banks in India: Rationale and Prerequisites for reform

Annals of Public and Cooperative Economics

Volumn 73, Issue 1, 2002, Pages 89-109

  Arun, T G ^a   Turner, J D ^b  

^a UNIVERSITY OF ULSTER   (United Kingdom)

^b QUEEN'S UNIVERSITY BELFAST   (United Kingdom)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 77950468252     PISSN: 13704788     EISSN: 14678292     Source Type: Journal    
DOI: 10.1111/1467-8292.00187     Document Type: Article

References (37)

1. BARTH, J.R., BRUMBAUGH, R., RAMESH, L. and YAGO, G., 1998, ''The role of governments and markets in international banking crises: The case of East Asia'', Paper presented at 73rd Annual Western Economic Association International Conference, Lake Tahoe.
2. BERGER, G.S., 1995,''Reforming deposit insurance and the regulatory system: The failure of the middle way'', Cato Journal, 14, 221-241.
3. BERLIN, M., SAUNDERS, A. and UDELL, G.F., 1991, ''Deposit insurance reform: What are the issues and what needs to be fixed?'', Journal of Banking and Finance, 15, 735-752.
4. BHALLA, A.S. and NACHANE, D.M., 1998, ''Asian meltdown: ramifications for India and China'', Discussion Paper, Cambridge University.
5. DEMATRIADES, P.O. and LUINTEL, K.B., 1996, ''Financial development, economic growth and banking sector controls: evidence from India'', Economic Journal, 106, 359-374.
6. DEMATRIADES, P.O. and LUINTEL, K.B., 1997,''The direct costs of financial repression: Evidence from India'', Review of Economics and Statistics, 74, 311-320.
7. EASTWOOD, R. and KOHLI, R., 1999,''Directed credit and investment in small-scale industry in India: evidence from firm-level data, 1965-78'', Journal of Development Studies, 35, 42-63.
8. FRY, M.J., 1989,''Financial development: theories and recent evidence'', Oxford Review of Economic Policy, 5, 13-28.
9. FRY, M.J., 1995, Money, Interest and Banking in Economic Development,The Johns Hopkins University Press, London.
10. GERSCHENKRON, A., 1966, Economic Backwardness in Historical Perspective, BelknapPress, Cambridge, MA.
11. GIAMMARINO, R.M., LEWIS, T.R. and SAPPINGTON, D.E.M., 1993, ''An incentive approach to banking regulation'', Journal of Finance, 48, 1523-1542.
12. GORTON, G., 1994,''Bank regulation when banks and banking are not the same'', Oxford Review of Economic Policy, 10, 106-119.
13. GUINNANE, T.G., 2001, ''Cooperatives as information machines: German rural credit cooperatives, 1883-1914'', Journal of Economic History, 61, 366-389.
14. HOLLIS, A. and SWEETMAN, A., 1998, 'Microcredit in prefamine Ireland'', Explorations in Economic History, 35, 347-380.
15. JOHN, K., JOHN, T.A. and SENBET, L.W., 1991, ''Risk-shifting incentives of deposit institutions: a new perspective on federal deposit insurance reform'', Journal of Banking and Finance, 15, 895-915.
16. KETKAR, K.W. and KETKAR, S.L., 1992, ''Bank nationalization, financial savings, and economic development - a case study'', Journal of Developing Areas, 27, 69-84.
17. KHANNA, A., 1995,''South Asian financial sector development'', in S.N. Zahid, ed., Financial Sector Development in Asia, Oxford University Press, Hong Kong.
18. KHATKHATE, D.R., 1996,''Financial liberalization: a revisionist view'', Indian Journal of Economics, 77, 127-143.
19. KING, R.G. and LEVINE, R., 1993,''Finance and growth: Schumpeter might be right'', Quarterly Journal of Economics, 108, 717-737.
20. LA PORTA, F., LOPEZ-DE-SILANES, F. and SHLEIFER, A., 2002, ''Government ownershipof banks'', Journal of Finance, forthcoming.
21. LEVINE, R., 1997,''Financial development and economic growth:Views and agenda'', Journal of Economic Literature, 35, 688-726.
22. MCKINNON, R.I., 1973, Money and Capital in Economic Development, Brookings Institution,Washington DC.
23. MORRIS, S., 2001,'Finance and small firms', in S. Morris et al., eds.,The Growth and Transformation of Small Firms in India.Oxford University Press, New Delhi.
24. NARASIMHAM COMMITTEE, 1998, Report of the Committee on Banking Sector Reforms, Ministry of Finance, New Delhi.
25. O'DRISCOLL, G.P., 1988, ''Deposit insurance in theory and practice'', Cato Journal, 7, 661-675.
26. PARK, Y.C., 1991, ''Financial repression and liberalization'', in L.B. Krause and K. Kihwan, eds., Liberalization in the Process of Economic Development, University of California Press, Oxford.
27. RAO, K., 1999,''Borrowed time'', The Banker,149,51(May).
28. REDDY, Y.V., 1999a, ''Future of rural baking'', Reserve Bank of India Speech, G. Ram Reddy Third Endowment Lecture.
29. REDDY, Y.V., 1999b,''Discussion paper on universal banking and beyond'', Reserve Bank of India Speech, Seminar on Harmonising the Role and Operations of Development Financial Institutions and Banks.
30. SHAW, E.S., 1973, Financial Deepening in Economic Development, Oxford University Press, NewYork.
31. SHLEIFER, A. and VISHNY, R., 1994,''Politicians and firms'', Quarterly Journal of Economics, 109, 995-1025.
32. STIGLITZ, J.E. and WEISS, A., 1981,''Credit rationing in markets with imperfect information'', American Economic Review, 71, 393-410.
33. STIGLITZ, J.E. and WEISS, A., 1989, ''Financial markets and development'', Oxford Review of Economic Policy,5,55-68.
34. TURNER, J.D., 2000,''The Hayekian approach to banking supervision in New Zealand'', Annals of Public and Cooperative Economics,71, 105-125.
35. WHITE, L.J., 1995a, ''Financial infrastructure and policy reform in developing Asia'', in S.N. Zahid, ed., Financial Sector Development in Asia, Oxford University Press, Hong Kong.
36. WHITE, L.J., 1995b, ''Structure of finance in selected Asian economies'', in S.N. Zahid, ed., Financial Sector Development in Asia, Oxford University Press, Hong Kong.
37. WORLD BANK, 1997, World Development Report 1997,Oxford University Press, Oxford.