Author : A. Spendzharova
Publisher : Springer
Page : 224 pages
File Size : 38,50 MB
Release : 2014-08-20
Category : Political Science
ISBN : 1137282754
How do bank supervisors strike a balance between market self-regulation and pro-active regulatory intervention? This book investigates the choice of banking supervision approach in four European Union member states from Central and Eastern Europe – Bulgaria, Estonia, Hungary, and Slovenia – after their transition to democracy and market economy.
Author : Aneta Spendzharova
Publisher :
Page : 162 pages
File Size : 35,50 MB
Release : 2014
Category :
ISBN : 9780230359765
Author : Marcello De Cecco
Publisher : International Monetary Fund
Page : 36 pages
File Size : 30,14 MB
Release : 1994-10-01
Category : Business & Economics
ISBN : 1451854951
This paper examines the philosophies which inspired the institution of central banking in Central and Eastern Europe in the interwar years. Influenced by the Financial Section of the League of Nations, the new central banks adopted laws which prohibited or severely restricted the financing of government fiscal debt. They were encouraged to centralize their payments systems and manage exchange rates to keep control of the money supply and achieve monetary stability. Before long they were forced to adopt further provisions in the area of banking supervision to regulate commercial banks. This paper considers the particular cases of Czechoslovakia, Hungary and Poland.
Author : Ronald W. Anderson
Publisher :
Page : 136 pages
File Size : 10,30 MB
Release : 1996
Category : Business & Economics
ISBN :
This report assesses banking developments in Central and Eastern Europe and identifies the critical policy choices that will determine whether a country is to follow a high growth path leading to convergence with the mainstream of Western Europe.
Author : Andrew Briscoe
Publisher :
Page : 146 pages
File Size : 10,43 MB
Release : 1999
Category : Banking law
ISBN : 9789991284002
Author : Morten Balling
Publisher : Routledge
Page : 401 pages
File Size : 46,61 MB
Release : 2004-08-02
Category : Business & Economics
ISBN : 1134292716
This book charts the process of financial market reform in Central and Eastern Europe. Topics discussed will include the implications of future EU membership, and the strategies pursued by the World Bank and International Monetary Fund.
Author : Jacek Rostowski
Publisher : Central European University Press
Page : 242 pages
File Size : 15,75 MB
Release : 1995-06-01
Category : Business & Economics
ISBN : 9633865573
This study analyzes the main requirements placed on Central and Eastern Europe's financial systems during their transition to a market economy. It assesses the financial reforms already carried out in the countries of Central Europe, their adaptations of Western institutional models, and the lessons to be drawn from their experiences for the "second wave" reformers in the former Soviet Union and the Balkans.
Author : David G. Dickinson
Publisher : Edward Elgar Publishing
Page : 490 pages
File Size : 44,51 MB
Release : 2002-02-26
Category : Business & Economics
ISBN : 1781009996
Potential new entrants to the European Union from Central and Eastern European countries face many challenges to achieve financial convergence with the existing EU nations. Using detailed case studies from Bulgaria, the Czech Republic, Latvia, Lithuania and Poland and analysis of cross country data from these regions, Financial and Monetary Integration in the New Europe looks at the key issues for applicant countries as they negotiate the terms of their membership in the European Union. Of major concern to these countries is the financial sector and its implications for economic growth and the conduct of macroeconomic policy. The book examines, in particular, monetary and exchange rate policies, banking regulation and financial market efficiency. The overall impact of building a market driven financial system on economic development is also explored.
Author : David Green
Publisher : Edward Elgar Publishing
Page : 248 pages
File Size : 45,91 MB
Release : 2002-04-26
Category : Business & Economics
ISBN : 9781781950296
'...this book would be suited to lawyers and non-lawyers alike. In addition, it provides an interesting look at the EU banking system and the systems of Central and Eastern European countries.' - Ellie Palmer, Journal of International Banking Law and Regulation The eastwards expansion of the European Union is one of the most explosive economic and political issues of the early 21st century. Economic and financial stability combined with rising prosperity in the applicant countries are increasingly seen as necessary preconditions for European Union membership. This authoritative volume, written by scholars and practitioners from Central and Western Europe and the United States, confronts the issues involved in three of the countries most likely to be successful applicants to the EU - the Czech Republic, Hungary and Slovenia. A spotlight is turned on the banking and financial industries, as they are crucial to the achievement of economic stability. The blend of expertise deployed, which draws on in-depth knowledge and extensive experience in central banking, financial and commercial law, business, practical policy making and economic analysis, ensures that this book is timely, relevant and insightful. The authors suggest that the role of the state in both creating and maintaining an effective financial sector is central. Furthermore, they argue that well-regulated commercial banks and strategic foreign investors are a must as, in practice, the attempt to skip straight to modern capital markets has been ruinous. This accessibly written volume will be of interest to students and scholars of economics, finance, law, political science, the sociology of economic life and European studies.
Author : Klaus Liebscher
Publisher : Edward Elgar Publishing
Page : 570 pages
File Size : 30,38 MB
Release : 2007-01-01
Category : Political Science
ISBN : 1847203035
Financial industries in central, eastern and south-eastern Europe have undergone dramatic changes over the past decade. Foreign direct investment contributed to the development of market-oriented banking and financial systems able to support the rapid pace of economic growth in these countries. Policymakers, academics and private sector analysts have contributed to this volume with their stimulating insights on a broad range of issues, from recent credit booms to the cross-border integration of banking and capital markets. Anyone who wants to understand how finance, growth and financial stability interact in transition economies should read this book. Mario Draghi, Governor of the Banca d Italia and Chairman of the Financial Stability Forum This book highlights the achievements and challenges of the ongoing process of financial integration in Europe. The financial integration of Europe is both welcomed as an economic driving force and watched with concern as a source of potential stability. After all, changing financial, regulatory and corporate ownership structures are fuelling competition, capital mobility and financial intermediation, but at the same time creating new systemic risks. With a special focus on Central, Eastern and South-Eastern Europe, the contributors to this book explore a wide spectrum of underlying issues, including the finance-growth nexus, credit boom patterns, the implications of foreign bank entry modes, lessons learned from old EU member states and commercial bank strategies. Authoritative views from central bank officials and policymakers are complemented with a special focus on empirical and econometric evidence from academia as well as practical insights from key financial market players. This unique collection will be of great interest to economists and experts in the fields of financial markets and European integration from central, commercial and investment banks, governments, international organizations, universities and research institutes.
