Germany's Three-Pillar Banking System

Cross-Country Perspectives in Europe

• Author(s): International Monetary Fund,
• Publisher: International Monetary Fund
• Pages: 52
• ISBN_10: 1589063481
  ISBN_13: 9781589063488
  
• Language: en
• Categories: Business & Economics / Banks & Banking , Business & Economics / Economics / Macroeconomics , Business & Economics / Money & Monetary Policy ,

Description:... German banks tend to be less profitable than their foreign counterparts. This paper estimates the likely effect of the phaseout of state guarantees for public sector banks, reviews the various ways in which public policy could contribute to their restructuring, and discusses the various arguments for and against public involvement in banking.