FACTORS OF THE NEW INSTITUTIONAL ENVIRONMENT FORMATION IN THE BANKING SPHERE

The following factors have played the leading role in the formation of the new institutional environment in the banking sector: first, the import of foreign formal institutions, as the pre-revolutionary tradition was lost; second, dependence on the previous direction of development, which is express...

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Main Author: E. S. Alpatova
Format: Article
Language:English
Published: Tatar Educational Center “Taglimat” Ltd. 2007-03-01
Series:Russian Journal of Economics and Law
Subjects:
Online Access:https://www.rusjel.ru/jour/article/view/152
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author E. S. Alpatova
author_facet E. S. Alpatova
author_sort E. S. Alpatova
collection DOAJ
description The following factors have played the leading role in the formation of the new institutional environment in the banking sector: first, the import of foreign formal institutions, as the pre-revolutionary tradition was lost; second, dependence on the previous direction of development, which is expressed in the impact over the modern Russian banking system by the credit system formed under the conditions of centralized planned economy; third, a larger, than in developed western countries, significance of formal institutions for the banking system development, which is based on the Russian mentality.
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spelling doaj.art-3946288a6ae846fca11e1cfb76f29b2c2024-03-20T08:16:36ZengTatar Educational Center “Taglimat” Ltd.Russian Journal of Economics and Law2782-29232007-03-010149150FACTORS OF THE NEW INSTITUTIONAL ENVIRONMENT FORMATION IN THE BANKING SPHEREE. S. Alpatova0Institute of Economics, Management and Law (Kazan)The following factors have played the leading role in the formation of the new institutional environment in the banking sector: first, the import of foreign formal institutions, as the pre-revolutionary tradition was lost; second, dependence on the previous direction of development, which is expressed in the impact over the modern Russian banking system by the credit system formed under the conditions of centralized planned economy; third, a larger, than in developed western countries, significance of formal institutions for the banking system development, which is based on the Russian mentality.https://www.rusjel.ru/jour/article/view/152institutional environmentinstitutional structurefinancial marketstate regulationbanking systemcredit systemeconomic policy
spellingShingle E. S. Alpatova
FACTORS OF THE NEW INSTITUTIONAL ENVIRONMENT FORMATION IN THE BANKING SPHERE
Russian Journal of Economics and Law
institutional environment
institutional structure
financial market
state regulation
banking system
credit system
economic policy
title FACTORS OF THE NEW INSTITUTIONAL ENVIRONMENT FORMATION IN THE BANKING SPHERE
title_full FACTORS OF THE NEW INSTITUTIONAL ENVIRONMENT FORMATION IN THE BANKING SPHERE
title_fullStr FACTORS OF THE NEW INSTITUTIONAL ENVIRONMENT FORMATION IN THE BANKING SPHERE
title_full_unstemmed FACTORS OF THE NEW INSTITUTIONAL ENVIRONMENT FORMATION IN THE BANKING SPHERE
title_short FACTORS OF THE NEW INSTITUTIONAL ENVIRONMENT FORMATION IN THE BANKING SPHERE
title_sort factors of the new institutional environment formation in the banking sphere
topic institutional environment
institutional structure
financial market
state regulation
banking system
credit system
economic policy
url https://www.rusjel.ru/jour/article/view/152
work_keys_str_mv AT esalpatova factorsofthenewinstitutionalenvironmentformationinthebankingsphere