Banking In Transition Economies

Author : Mario I. Blejer,Marko Skreb
Publisher : Springer Science & Business Media
Page : 458 pages
File Size : 44,9 Mb
Release : 2012-12-06
Category : Business & Economics
ISBN : 9781461551935

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Central Banking, Monetary Policies, and the Implications for Transition Economies by Mario I. Blejer,Marko Skreb Pdf

the adaptation of the institutional settings of monetary policy to deal with an emerging market economy had to be carried out in the midst of an unprecedented stabilization effort and, therefore, was particularly urgent and complicated. In many of the transition countries, the transformation effort implied not just changes in procedures but the establishment of a central bank from scratch, a process that involved an important effort, precisely at a time when the whole system was in serious turmoil. While the process of reforms is not yet completed in all the transition countries, an immense amount of progress has been achieved, and many of the transition countries face today monetary and central banking conditions that are close to those of Western economies. In this volume, we collect a number of important contributions that discuss the most burning aspects of the current debates on central banking and monetary policy and draw implications for the postsocialist transition economies. The various papers included in the volume deal with a broad set of related issues, which are highly relevant not just for transition economies but for other emerging markets and for advanced economies as well. The subjects covered in the book are divided into seven major categories (Sections II to VIII), some of which overlap.

Author : Mr.Helmut Wagner
Publisher : International Monetary Fund
Page : 50 pages
File Size : 45,5 Mb
Release : 1998-08-01
Category : Business & Economics
ISBN : 9781451936681

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Central Banking in Transition Countries by Mr.Helmut Wagner Pdf

In the 1990s, the issues of central banking and central bank independence have gained increasing attention, in part owing to the role of the future European central bank, but also owing to the emergence of transition countries and the role of central banks in these countries. The main focus of the paper is on the preconditions of disinflation and successful stability policy in transition countries, paying special attention to the institutional requirements and to the choice of nominal anchors.

Author : Y. Kalyuzhnova,M. Taylor
Publisher : Springer
Page : 256 pages
File Size : 40,9 Mb
Release : 2001-07-19
Category : Business & Economics
ISBN : 9781403905390

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Transitional Economies by Y. Kalyuzhnova,M. Taylor Pdf

The integration of the countries of Central and Eastern Europe and the Commonwealth of Independent States international financial system was arguably one of the most profound changes experienced by the world economy in the 1990s. This book examines these countries in reforming their financial systems in the first decade of transition. Through case studies as well as more thematic approaches contributors deal with crucial elements of building a market-based financial system, the transformation of the banking sector, and non-bank reform and regulation of financial markets. They emphasise the importance of institution-building to the process of financial sector transformation and highlight the lessons to be learned from transitional financial experiences.

Author : Alice Galenson
Publisher : World Bank Publications
Page : 136 pages
File Size : 52,5 Mb
Release : 2004-01-01
Category : Business & Economics
ISBN : 0821359347

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Economies in Transition by Alice Galenson Pdf

The Latin American Development Forum promotes debate and disseminates knowledge and analysis on economic and social development issues in Latin America and the Caribbean. The Institutional Sponsors of this series are the World Bank, United Nations Economic Commission for Latin America and the Caribbean (ECLAC), and Inter-American Development Bank (IADB). The transition economies of the Europe and Central Asia Region faced unprecedented political, economic, and social change after me break-up of the Soviet Union. With assistance from the World Bank and other donors, many countries quickly accomplished a number of reforms, but progress in others has been slower. Much has been achieved--"the private share of GDP in the transition countries is nearly 70 percent, and 8 countries have joined the EU--"but much remains to be completed.

Author : International Monetary Fund
Publisher : International Monetary Fund
Page : 212 pages
File Size : 42,8 Mb
Release : 1997-05-01
Category : Business & Economics
ISBN : 1557756082

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Central Bank Reform in the Transition Economies by International Monetary Fund Pdf

Since 1992, the central banks of the Baltic states and the Commonwealth of Independent States have undertaken comprehensive reform of their monetary and exchange arrangements in support of their stabilization efforts. Their efforts have been supported by extensive technical assistance provided by the IMF and 23 central banks. This book edited by V. Sundararajan, Arne B. Peterson, and Gabriel Sensenbrenner, contains the background papers prepared for the second joint coordinating meeting of participants. That meeting focused on the progress of structural reforms in central banking and bank restructuring and identified priorities for the deepening of reforms. The book documents the remarkable progress achieved by the Baltic and CIS central banks and the catalytic role they have played in financial market development.

Author : John Bonin
Publisher : Edward Elgar Publishing
Page : 216 pages
File Size : 43,7 Mb
Release : 1998
Category : Business & Economics
ISBN : STANFORD:36105023145944

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Banking in Transition Economies by John Bonin Pdf

Analyzes banking in the transition economies of Central and Eastern Europe and makes policy recommendations for banking reform in the region. Compares changes in the structure of the banking industry and the progress of privatization in Hungary, Poland, and the Czech Republic, and looks at strategies for recapitalization and bank failure. Discusses design of new regulatory structures, the evolving role of savings institutions, and the role of foreign banks in reform. For bankers and economists. Annotation copyrighted by Book News, Inc., Portland, OR

Author : Mario I. Blejer,Marko Skreb
Publisher : Cambridge University Press
Page : 420 pages
File Size : 55,5 Mb
Release : 1999-04-28
Category : Business & Economics
ISBN : 0521640377

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Financial Sector Transformation by Mario I. Blejer,Marko Skreb Pdf

This book offers overviews of issues in banking sector reform and capital markets in Central and Eastern Europe, China and Israel.

Author : Stijn Claessens
Publisher : World Bank Publications
Page : 36 pages
File Size : 47,5 Mb
Release : 1996
Category : Politica monetaria - Paises en desarrollo
ISBN : 9789610192251

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Banking reform in transition countries by Stijn Claessens Pdf

Author : Mario I. Blejer,Marko Skreb
Publisher : Springer
Page : 465 pages
File Size : 53,7 Mb
Release : 2011-09-26
Category : Business & Economics
ISBN : 1461551943

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Central Banking, Monetary Policies, and the Implications for Transition Economies by Mario I. Blejer,Marko Skreb Pdf

the adaptation of the institutional settings of monetary policy to deal with an emerging market economy had to be carried out in the midst of an unprecedented stabilization effort and, therefore, was particularly urgent and complicated. In many of the transition countries, the transformation effort implied not just changes in procedures but the establishment of a central bank from scratch, a process that involved an important effort, precisely at a time when the whole system was in serious turmoil. While the process of reforms is not yet completed in all the transition countries, an immense amount of progress has been achieved, and many of the transition countries face today monetary and central banking conditions that are close to those of Western economies. In this volume, we collect a number of important contributions that discuss the most burning aspects of the current debates on central banking and monetary policy and draw implications for the postsocialist transition economies. The various papers included in the volume deal with a broad set of related issues, which are highly relevant not just for transition economies but for other emerging markets and for advanced economies as well. The subjects covered in the book are divided into seven major categories (Sections II to VIII), some of which overlap.

Author : R. Matousek
Publisher : Springer
Page : 280 pages
File Size : 45,7 Mb
Release : 2010-11-03
Category : Business & Economics
ISBN : 9780230302211

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Money, Banking and Financial Markets in Central and Eastern Europe by R. Matousek Pdf

This book provides a deep insight into the market changes and policy challenges that transition economies have undergone in the last twenty years. It not only comments on and evaluates the development of financial markets in transition economies, but also highlights the key obstacles to full integration of financial markets into the EU market.

Author : Alice Galenson
Publisher : World Bank
Page : 95 pages
File Size : 48,6 Mb
Release : 2005-01-01
Category : Business & Economics
ISBN : 082136099X

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Страны с переходной экономикой : содействие Всемирного банка: оценка ДООД by Alice Galenson Pdf

The transition economies of the Europe and Central Asia Region faced unprecedented political, economic, and social change after the break-up of the Soviet Union. With assistance from the World Bank and other donors, many countries quickly accomplished a number of reforms, but progress in others has been slower. Much has been achieved - the private share of GDP in the transition countries is nearly 70 percent, and 8 countries have joined the EU - but much remains to be completed. 'Economies in Transition' assesses the effectiveness of Bank assistance to the transition, focusing particularly on five topics: 1) private sector development; 2) governance, public sector management, and institution-building; 3) the financial sector; 4) social protection; and 5) energy. Overall Bank assistance has been successful, but there were mistakes before the true nature of transition was fully understood. The Bank internalized the emerging lessons and shifted its emphasis accordingly. This study highlights the importance of lending at prudent levels until a solid knowledge base is established, with convincing evidence of government and societal ownership of the assistance program. It contends that analysis of governance and poverty monitoring should be early features of the assistance program, active programs of stakeholder inclusion should be widely replicated, and country assistance strategies used to bolster reform capacity.

Author : David Green,Karl Petrick
Publisher : Edward Elgar Publishing
Page : 248 pages
File Size : 42,5 Mb
Release : 2002-04-26
Category : Business & Economics
ISBN : 1781950296

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Banking and Financial Stability in Central Europe by David Green,Karl Petrick Pdf

'...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 : A. Chandavarkar
Publisher : Springer
Page : 289 pages
File Size : 47,9 Mb
Release : 1996-10-31
Category : Business & Economics
ISBN : 9780230371507

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Central Banking in Developing Countries by A. Chandavarkar Pdf

This is a comprehensive state-of-the-art survey which analyzes institutions, policies and issues of central banking in developing countries including interest-free Islamic and transition economies. It discusses objectives and functions; monetary, exchange, supervisory and developmental roles; financial liberalization; informal finance; causes and implications of central bank losses. It critically evaluates currency boards, central bank independence, ceilings on government credit and suggests radical organizational reforms, divestiture of quasi-fiscal activities and partial privatization of central banks.

Author : Alexander Fleming,Lajos Bokros,Cari Votava
Publisher : World Bank Publications
Page : 302 pages
File Size : 40,5 Mb
Release : 2001-01-01
Category : Business & Economics
ISBN : 0821348140

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Financial Transition in Europe and Central Asia by Alexander Fleming,Lajos Bokros,Cari Votava Pdf

This book contains 21 papers focusing on a wide range of issues concerning financial sector transition in the countries of Europe and Central Asia (ECA). It places the transition economies in the context of recent and prospective developments in global financial markets. This book also evaluates the experience of the last 10 years and reviews the progress from a command financial system to a market-based one, identifying some of the key characteristics of the financial transition.

Author : Edda Zoli
Publisher : International Monetary Fund
Page : 44 pages
File Size : 44,8 Mb
Release : 2001-10
Category : Business & Economics
ISBN : UCSD:31822029658523

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Cost and Effectiveness of Banking Sector Restructuring in Transition Economies by Edda Zoli Pdf

The paper analyses the cost and effectiveness of bank restructuring policies in 11 transition countries during 1991-98. It argues that country-specific banking sector features, the size of bad loans inherited from the centrally planned system, and weaknesses in the restructuring policies implemented were the main factors affecting the overall fiscal costs, with the latter two being more significant. The paper finds no significant relationship between the size of restructuring costs and overall improvement in banking sector performance for the sample countries as a whole.