The development and reform of financial systems in Central and Eastern Europe / edited by John P. Bonin and István P. Székely.

Format:

Book

Contributor:

Bonin, John.

Székely, István P., 1959-

Language:

English

Subjects (All):

Financial institutions--Europe, Eastern.

Financial institutions.

Financial institutions--Europe, Central.

Europe, Eastern--Economic policy--1989-.

Europe, Eastern.

Eastern Europe.

Economic policy.

Europe, Central--Economic policy.

Europe, Central.

Central Europe.

Europe, Eastern--Economic conditions--1989-.

Economic conditions.

Europe, Central--Economic conditions.

Economic history.

Local Subjects:

Europe, Eastern--Economic policy--1989-.

Europe, Central--Economic policy.

Europe, Eastern--Economic conditions--1989-.

Europe, Central--Economic conditions.

Genre:

Aufsatzsammlung.

Kongreß -- Wien -- 1993.

Physical Description:

xi, 364 pages : illustrations ; 25 cm

Place of Publication:

Aldershot, Hants, England ; Brookfield, Vt., USA : E. Elgar, [1994]

Summary:

The introduction of effective, competitive and innovative financial systems will be a key factor in the economic success, or failure, of Central and Eastern Europe. This important volume presents a comprehensive, up to date analysis of the development of financial systems in the region with contributions from leading researchers and bankers. An overview of recent developments and discussion of some of the major issues - including central bank independence, bank privatization and bankruptcy regulations - is followed by discussion of the conditions for and likely consequences of financial liberalization in Central and Eastern Europe. The contributors draw upon the experience of Austria and Finland, two West European countries that recently accomplished full financial liberalization. The final section includes a series of specific regional studies on the results and problems of financial reform in the Czech Republic, Hungary and Poland, three leading reforming countries, and Bulgaria, one of the 'second wave' of transitional economies.

Contents:

Financial and fiscal aspects of system change in Eastern Europe : an overview / John Michael Montias

Banking in Central Europe during the Protomarket period : developments and emerging issues / David M. Kemme

Central bank independence in the transitional economies : a preliminary investigation of Hungary, Poland, the Czech and Slovak Republics / Pierre L. Siklos

Financial sector reform in the economies in transition : on the way to privatizing commercial banks / István Ábel and John P. Bonin

Bankruptcy and banking reform in the transition economies of Central and Eastern Europe / Kálman Mizsei

Financial liberalization in Central and Eastern Europe and its impact on the exchange rate / György Sándor

Austrian experience with financial liberalization / Heinz Glück

Finnish experience with financial market liberalization : some lessons for economies in transition / Jouko Rautava

Reform of the banking sector in the Czech Republic / Miroslav Hrnčíř

Money and capital market reforms in Poland / Ryszard Kokoszczyński

Market structures and competition in the Hungarian banking system / István Ábel and István P. Székely

'Second' reform of the Hungarian banking system / Éva Várhegyi

Reform of the financial system in Bulgaria / Rumen Dobrinsky.

Notes:

Includes bibliographical references and index.

Other Format:

Online version: Development and reform of financial systems in Central and Eastern Europe.

ISBN:

1858980240

9781858980249

OCLC:

30624893