2016年银行盈利能力外文翻译--转型期国家银行盈利能力的决定因素：什么最重要？（节选）

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1、3400 英文单词， 1.9 万英文字符 ，中文 6000 字 文献出处： Djalilov K, Piesse J. Determinants of bank profitability in transition countries: What matters most?J. Research in International Business & Finance, 2016, 38:69-82. Determinants of bank protability in transition countries: What matters most? Khurshid Djalilov, J

2、enifer Piesse Abstract The aim of this paper is to investigate the determinants of bank protability in the early transition countries of Central and Eastern Europe (CEE), and in the late transition countries of the former USSR. We apply a GMM technique for the period covering 20002013. The results s

3、how that protability persists and the determinants of bank protability vary across transition countries. Particularly, the banking sector of early transition countries is more competitive. However, the impact of credit risk on bank protability is positive in early transition countries, but negative

4、in late transition countries. Government spending and monetary freedom negatively inuence bank protability only in late transition countries. Moreover, better capitalised banks are more protable in early transition countries implying that these banking sectors are more robust. A range of possible ap

5、proaches that governments can take to further develop banking sectors are discussed. Keywords: Transition countries; Bank protability; Government spending; Monetary freedom 1. Introduction It has now been almost three decades since the collapse of the socialist system, and many previously centrally

6、planned economies have established market-based economies. Most countries have followed a similar approach to overcoming the legacy of the Soviet system. Although the speed and sequence of reform varied across countries, all were inuenced by the World Bank and International Monetary Fund, the so called Washington consensus, which focused on liberalisation, stabilisation and privatisation. The soviet-style mono-banks were abolished and restrictions on the internal convertibility of