Transition Banking: Financial Development of Central and Eastern Europe

Author:   Ronald W. Anderson (Professor of Economics, Professor of Economics) ,  Chantal Kegels (Department of Economics, Department of Economics, both at the Catholic University of Louvain, Belgium)
Publisher:   Oxford University Press
ISBN:  

9780198290131


Pages:   316
Publication Date:   05 February 1998
Format:   Hardback
Availability:   To order   Availability explained
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Transition Banking: Financial Development of Central and Eastern Europe


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Overview

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.

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Author:   Ronald W. Anderson (Professor of Economics, Professor of Economics) ,  Chantal Kegels (Department of Economics, Department of Economics, both at the Catholic University of Louvain, Belgium)
Publisher:   Oxford University Press
Imprint:   Oxford University Press
Dimensions:   Width: 16.40cm , Height: 2.20cm , Length: 24.50cm
Weight:   0.659kg
ISBN:  

9780198290131


ISBN 10:   0198290136
Pages:   316
Publication Date:   05 February 1998
Audience:   Professional and scholarly ,  Professional & Vocational
Format:   Hardback
Publisher's Status:   Active
Availability:   To order   Availability explained
Stock availability from the supplier is unknown. We will order it for you and ship this item to you once it is received by us.

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