Articles liés à Sequencing of Institution Building in the Transition...

Sequencing of Institution Building in the Transition Process of Central and Eastern Europe’s Financial Systems - Couverture souple

Buchenrieder, Gertrud

 
9783631398869: Sequencing of Institution Building in the Transition Process of Central and Eastern Europe’s Financial Systems

Synopsis

Few issues in economics have experienced such a grandiose revival as the role of institutions in economic change. With the beginning of the transition process in Central and Eastern Europe and the former Soviet Union, optimal sequencing and timing of reforms in the transformation process became a focus of scholarly research. Clearly, the success of the reform efforts in transition economies depends to a considerable extent on the existence of adequate institutions. Financial systems are institutions. The objective of financial system reforms is to expand the volume and efficiency of financial intermediation. This work analyses the sequencing and timing patterns of structural and institutional reforms in the financial systems and the macro-economic empirical evidence of financial system reforms in six transition countries. These are Bulgaria, the Czech Republic, Hungary, Poland, Romania, and the Slovak Republic.

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À propos de l'auteur

The Author : The research and teaching focus of Gertrud Buchenrieder (née Schrieder), assistant professor at the University of Hohenheim, is on agricultural and development policies. She was awarded a Ph.D. in agricultural economics from the University of Hohenheim, where she graduated in 1994. She is also a consultant for various development agencies.

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