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Transition Banking: Financial Development of Central and Eastern Europe - Couverture rigide

Anderson, Ronald W.; Kegels, Chantal

 
9780198290131: Transition Banking: Financial Development of Central and Eastern Europe

Synopsis

Transition Banking assesses the efforts since 1989 to develop financial sectors in the economies of Central and Eastern Europe. In finance above all, the principles of central planning were radically opposed to those of capitalism, and moving from one system to the other has required entirely new institutions and skills. This financial development is crucial to growth and to full partnership with the West.

The approach taken here is comprehensive, empirical, and comparative. Anderson and Kegels seek to answer a series of key questions:

* Has the State retreated from controlling the allocation of savings?

* Is the banking sector competitive?

* Do investors direct the use of capital?

* Are securities markets developing?

* Is outside finance supporting economic growth?

* Is the financial system stable?

In explaining the logic of finance in a transition setting, Transition Banking both documents the important progress made in institution-building to date and pinpoints the areas where the region remains vulnerable.

Les informations fournies dans la section « Synopsis » peuvent faire référence à une autre édition de ce titre.

Présentation de l'éditeur

Transition Banking assesses the efforts since 1989 to develop financial sectors in the economies of Central and Eastern Europe. In finance above all, the principles of central planning were radically opposed to those of capitalism, and moving from one system to the other has required entirely new institutions and skills. This financial development is crucial to growth and to full partnership with the West. The approach taken here is comprehensive, empirical, and comparative. Anderson and Kegels seek to answer a series of key questions: * Has the State retreated from controlling the allocation of savings? * Is the banking sector competitive? * Do investors direct the use of capital? * Are securities markets developing? * Is outside finance supporting economic growth? * Is the financial system stable? In explaining the logic of finance in a transition setting, Transition Banking both documents the important progress made in institution-building to date and pinpoints the areas where the region remains vulnerable.

Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.