Capital Markets and Financial Intermediation in The Baltics

Capital Markets and Financial Intermediation in The Baltics PDF Author: Niamh Sheridan
Publisher: International Monetary Fund
ISBN: 9781589062726
Category : Business & Economics
Languages : en
Pages : 48

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Book Description
In just over a decade after independence, the three Baltic countries, Estonia, Latvia, and Lithuania, have transformed themselves into fully functioning, small open-market economies that will be joining the European Union. Capital Markets and Financial Intermediation in The Baltics analyzes the financial systems of the three countries and discusses some of their unique characteristics. The study also examines current distortions of the systems and discusses whether or not the Baltics should move from an almost exclusively bank-based system to one that relies more on capital markets. In the process, it addresses issues of corporate governance and regional integration.

Capital Markets and Financial Intermediation in The Baltics

Capital Markets and Financial Intermediation in The Baltics PDF Author: Niamh Sheridan
Publisher: International Monetary Fund
ISBN: 9781589062726
Category : Business & Economics
Languages : en
Pages : 48

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Book Description
In just over a decade after independence, the three Baltic countries, Estonia, Latvia, and Lithuania, have transformed themselves into fully functioning, small open-market economies that will be joining the European Union. Capital Markets and Financial Intermediation in The Baltics analyzes the financial systems of the three countries and discusses some of their unique characteristics. The study also examines current distortions of the systems and discusses whether or not the Baltics should move from an almost exclusively bank-based system to one that relies more on capital markets. In the process, it addresses issues of corporate governance and regional integration.

Capital Markets and Financial Intermediation in the Baltic States

Capital Markets and Financial Intermediation in the Baltic States PDF Author: International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
ISBN: 9781451805383
Category :
Languages : en
Pages : 53

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Book Description
This paper analyzes the capital markets and financial intermediation in the Baltic States. It provides a comprehensive overview of the structure and level of development of the financial system, discussing some of the unique characteristics of the Baltics, such as leasing; and comparing the structure of the Baltic financial systems to other European Union accession countries and/or euro zone averages, both of which serve as benchmarks. The paper also addresses some of the broader analytical questions concerning how the financial system might be developed in the Baltics.

Capital Markets and Financial Intermediation in the Baltic States

Capital Markets and Financial Intermediation in the Baltic States PDF Author:
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Book Description


IMF Country Report No. 3//15

IMF Country Report No. 3//15 PDF Author:
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Book Description


The Baltic Countries

The Baltic Countries PDF Author: Mr.Julian Berengaut
Publisher: International Monetary Fund
ISBN: 9781557757388
Category : Business & Economics
Languages : en
Pages : 94

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Book Description
Are the three Baltic countries, Latvia, Estonia, and Lithuania, ready for accession to the European Union? Have their economies overcome the problems of transition? The answers to these questions and their implications for policy are provided in this collection of analyses. Rather than a country-by-country description, the volume provides a cross-country perspective of developments from 1994 through mid-1997. The seven sections of this paper discuss recent macroeconomic and structural policies, exchange rate regimes, fiscal issues, financial systems, private sector development, and accession to the European Union.

Financial Sector Reform and Banking Crises in the Baltic Countries

Financial Sector Reform and Banking Crises in the Baltic Countries PDF Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1451855559
Category : Business & Economics
Languages : en
Pages : 52

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Book Description
Financial sector reform in the Baltic countries is reviewed in light of the banking crises that emerged during the reform period. It is argued that the crises had their roots in the structural deficiencies specific to planned economies and the financial environment that developed before and after these countries regained their independence, thus rendering them largely inevitable. Because of the low level of financial intermediation, however, even the failure of large banks had limited systemic effects and a minor negative impact on output and incomes. The crises slowed down the financial reform process, but brought about a desired consolidation of the banking sector.

Financial Sector Reform and Banking Crises in the Baltic Countries

Financial Sector Reform and Banking Crises in the Baltic Countries PDF Author: Marta de Castello Branco
Publisher:
ISBN:
Category : Banking law
Languages : en
Pages : 58

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Book Description


Financial Sector Reform and Banking Crises in the Baltic Countries

Financial Sector Reform and Banking Crises in the Baltic Countries PDF Author: Marta de Castello Branco
Publisher:
ISBN:
Category :
Languages : en
Pages : 52

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Book Description
Financial sector reform in the Baltic countries is reviewed in light of the banking crises that emerged during the reform period. It is argued that the crises had their roots in the structural deficiencies specific to planned economies and the financial environment that developed before and after these countries regained their independence, thus rendering them largely inevitable. Because of the low level of financial intermediation, however, even the failure of large banks had limited systemic effects and a minor negative impact on output and incomes. The crises slowed down the financial reform process, but brought about a desired consolidation of the banking sector.

Europe's Hidden Capital Markets

Europe's Hidden Capital Markets PDF Author: Jean-Pierre Casey
Publisher: CEPS
ISBN: 9290795964
Category : Business & Economics
Languages : en
Pages : 142

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Book Description
Assessing regulatory measures taken at the EU level that impact European bond markets, this book examines the desirability, utility, and feasibility of certain policy measures.

Development of Capital Markets and Institutional Investors in Russia

Development of Capital Markets and Institutional Investors in Russia PDF Author: Michel Noël
Publisher: World Bank Publications
ISBN:
Category : Business & Economics
Languages : en
Pages : 180

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Book Description
This study reviews the recent developments in capital markets and institutional investors in Russia, and examines the policy challenges ahead for the development of the sector. The analysis covers key impediments for further development and policy challenges for securities markets, in particular legal and regulatory framework, market infrastructure, government bonds, sub-sovereign bonds, corporate bonds, and equities. The analysis also covers key impediments for furhter development and policy challenges for mutual funds, pension funds, and insurance companies.