The Impact of Banking Sector Reform in a Transition Economy : Evidence from Kyrgyzstan

We examine the impact of financial sector reform on interest rate levels and spreads using Kyrgyz bank-level data from 1998 to 2005. We find that, in addition to macroeconomic stabilization, structural reforms to the banking sector significantly contributed to lower interest rates. In particular, ou...

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Bibliographic Details
Main Authors: Brown, Martin, Maurer, Maria Rueda, Pak, Tamara, Tynaev, Nurlanbek
Language:EN
Published: 2012
Subjects:
Online Access:http://hdl.handle.net/10986/5462