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Financial Sector Reforms and Exchange Arrangements in Eastern Europe / Guillermo Calvo, Eduardo Borensztein, Paul Masson, Manmohan Kumar.
- Format:
- Book
- Government document
- Author/Creator:
- Calvo, Guillermo.
- Series:
- Occasional Papers; Occasional Paper ; No. 1993/002
- Occasional Papers
- Language:
- English
- Subjects (All):
- Financial institutions--Europe, Eastern.
- Financial institutions.
- Foreign exchange--Europe, Eastern.
- Foreign exchange.
- Capital market--Europe, Eastern.
- Capital market.
- Banks and banking--Europe, Eastern.
- Banks and banking.
- Monetary policy--Europe, Eastern.
- Monetary policy.
- Privatization--Europe, Eastern.
- Privatization.
- Physical Description:
- 1 online resource (66 pages)
- Place of Publication:
- Washington, D.C. : International Monetary Fund, 1993.
- Summary:
- The two papers draw from the brief yet radical reform experiences of five countries-Bulgaria, former Czechoslovakia, Hungary, Poland, and Romania. The first paper describes the financial sector reforms untertaken by these countries since the 1980s, as well as the problems encountered. It also discusses the roles privatization, stabilization policies, and prudential supervision can play in the financial sector development of these countries. The second paper analyzes the different exchange arrangements as they apply to previously centrally planned economies; examines the general arguments for convertability in these countries; and considers the desirable degree of exchange rate flexibility.
- Contents:
- Pt. 1. Financial markets and intermediation / Guillermo A. Calvo and Manmohan S. Kumar
- Pt. 2. Exchange arrangements of previously centrally planned economies / Eduardo Borensztein and Paul R. Masson.
- Notes:
- Description based on print version record.
- ISBN:
- 9781462379460
- 146237946X
- 9781452761077
- 1452761078
- 9781557752796
- 1557752796
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