The Impact of Privatisation on the Banking Sector in the Caribbean Economic

GENERAL LC/CAR/G.671 30 November 2001 ORIGINAL: ENGLISH

THE IMPACT OF PRIVATISATION ON THE BANKING SECTOR IN THE CARIBBEAN

ECONOMIC COMMISSION FOR LATIN the States AND THE CARIBBEAN Subregional Headquarters for the Caribbean CARIBEAN DEVELOPMENT AND COOPERATION COMMITTEE

Table of Contents

I. II.

Introduction................................................................................................................ 1 Rationale for privatisation.......................................................................................... 2

III. foreign experience of financial arena privatisation.......................................... 3 IV. Privatisation experiences in the Caribbean banking sector........................................ 5 V. Impact of privatisation on banking sector performance .......................................... 10

VI. The impact of banking sector privatisation on economic growth............................ 17 VII. Institutional restructuring and mergers and acquisitions ......................................... 21 VIII. modify of prudential and regulatory standards ............................................. 23 IX. Conclusion ............................................................................................................... 26 Annex..............



.................................................................................................................. 28 References......................................................................................................................... 31

THE IMPACT OF PRIVATISATION ON THE BANKING SECTOR IN THE CARIBBEAN

I.

Introduction

With the failure of the import-substituting industrial enterprise policies of the postwar period, Caribbean countries shifted to an export-promotion strategy in the 1980s. Export promotion inevitably demanded a shifting of the relative price and productivity of tradable goods and services. To go forth the necessary...If you want to get a full essay, order it on our website: Ordercustompaper.com



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