Collateral, Access to Credit and Investment in Bulgaria
THE BULGARIAN ECONOMY: LESSONS FROM THE REFORM DURING EARLY TRANSITION, Chapter 8, Derek Jones, Jeffrey Miller, eds., Ashgate, 1997
28 Pages Posted: 4 May 2011
Date Written: March 1, 1997
Abstract
The paper reviews legal, institutional and enforcement problems behind the lack of collateral credit to private firms in the early transition in Bulgaria. It also quantifies the cost of these problems and outlines an approach to reform of collateral institutions in order to increase the supply of this important source of private sector credit.
Keywords: credit, money, collateral, Bulgaria
JEL Classification: P2, P3, E4, E5, L3
Suggested Citation: Suggested Citation
Do you have negative results from your research you’d like to share?
Recommended Papers
-
Bank Capital Adequacy, Deposit Insurance and Security Values, Part I
-
Thrift Asset-Class Returns and the Efficient Diversification of Thrift Institution Portfolios
By Rebel A. Cole and Joseph Mckenzie
-
Problems of Bank Lending in Bulgaria: Information Asymmetry and Institutional Learning
By Kenneth Koford and Adrian E. Tschoegl
-
The Role of Commercial Real Estate Investments in the Banking Crisis of 1985-92
By George W. Fenn and Rebel A. Cole
-
Premiums in Private Versus Public Bank Branch Sales
By John J. Mingo, James A. Berkovec, ...
-
By Ivo Pezzuto
-
By Rebel A. Cole, Robert Eisenbeis, ...
-
The Role of Principal-Agent Conflicts in the 1980s Thrift Crisis
By Rebel A. Cole and Robert Eisenbeis
-
Capital Regulation and Bank Risk-Taking: The Role of Uninsured Debt