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Organizational and Sectoral Changes in Transition Banking

Estonian Experience

Bibliographic Data

ID20206307
AuthorsKari Liuhto (0000-0001-9199-6031, Turku University of Applied Sciences), Olga Luštšik (University of Tartu), Mart Sõrg (University of Tartu), Janek Uiboupin (Turku University of Applied Sciences)
Year2007
Volume11
Issue2
Pages155-172
Publication date2007-10-05
Open AccessYes
TypeARTICLE
VenueTrames Journal of the Humanities and Social Sciences (JOURNAL)
Journal identifiersISSN: 1406-0922 • E-ISSN: 1736-7514
PublisherEstonian Academy Publishers (PUBLISHER • EE)
DOI10.3176/tr.2007.2.05
OpenAlexW2135322275
LanguageEN
Citations received1
References cited3

Our study examines organizational and sectoral developments in the Estonian banking sector. It can be concluded that despite the unstable economic and legal environ- ment during the transition period, banking in Estonia has been much more profitable than in many developed countries. But at the same time the effectiveness of banking in a transition economy is volatile and the risk of bank failures is high. The Estonian banking sector is clearly dominated by foreign banks that have brought stability and modern banking techniques with them and increased the competitiveness of the market. We also prove that new electronic channels are more cost-effective than traditional channels and explain the difference in the cost structure

Business · Economic geography · Economic system · Economics · Estonian · Industrial organization · Knowledge management · Linguistics · Process management · Chemistry · Computer Science · Corporate Finance and Governance · International Business and FDI · State Capitalism and Financial Governance · Biochemistry · Marketing

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Citations per year0.33
Citation span2023 - 2023 (1)
Highly citedNo

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