Impact of Institutions on Lending

Informal Constraints and Enforcement of Bank Regulation in Mongolia
2006
ISBN: 978-3-8350-0024-7
Verlag: Deutscher Universitätsverlag

Buch, Englisch, 196 Seiten, Format (B × H): 148 mm x 210 mm, Gewicht: 296 g

In the 1990s an unprecedented transformation of the economic co-ordination of economies in transition was set in motion. As the reforms neither considered the time needed to establish the market nor dealt with the process itself, microeconomic reforms aimed at establishing the market and at inducing market-oriented behaviour need to be adjusted.

Chuluunbaatar Enkhzaya examines the "inadequate" behaviour of banks in Mongolia by analysing the institutional framework of the banking system, especially in lending. She focuses on the genesis of informal institutions of lending and their interaction with formal institutions of lending. Herewith, informal institutions such as the attitude to risk were indirectly observed by diagnosing the "action-regulating" knowledge of bankers. In order to ensure an effective allocation of the scarce financial resources of Mongolia the author therefore suggests a change - as simultaneous as possible - of formal and informal rules.

Zielgruppe

Research

Autoren/Hrsg.

Enkhzaya, Chuluunbaatar

Weitere Mitwirkende

Karmann, Prof. Dr. Alexander

Fachgebiete

• Wirtschaftswissenschaften Finanzsektor & Finanzdienstleistungen Bankwirtschaft

Inhaltsverzeichnis

The Impact of Institutions on Lending.- The Economic and Banking Situation in Mongolia.- Discrepancy between Bank Regulation Norms and Lending Practice in Mongolia.- Institutions Building and Adjustment of Bank Regulation Norms in Mongolia.

Über Autor(innen)

Dr. Chuluunbaatar Enkhzaya promovierte bei Prof. Dr. Alexander Karmann am Lehrstuhl für Geld, Kredit und Währung der Fakultät Wirtschaftswissenschaften der Technischen Universität Dresden. Sie ist als freiberufliche Beraterin für Regierungen und Unternehmen tätig.