Financial Market Restructuring in Selected Central European Countries

Financial Market Restructuring in Selected Central European Countries PDF Author: Karen S. Vorst
Publisher: Routledge
ISBN: 042985336X
Category : Business & Economics
Languages : en
Pages : 219

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Book Description
Published in 1998, this book provides detailed information on the financial markets in selected Central European transitioning economies. The independent countries selected for study in the text are Poland, Hungary, the Czech Republic and the Slovak Republic. The former East Germany is also include due to its proximity to the above countries and its unique experience in the transition process. Each country's section of the book contains articles written by professionals in the selected country. These individuals are economists, central bankers and/or analysts who have first-hand knowledge of the financial system. Each section details: the development in the banking sector plus the role of the central bank and the government in guiding the economy toward the market system; discuses the emerging capital markets and the ongoing process of privatization; and provides an update of the economic progress toward a market system that has been achieved since 1989.

Financial Market Restructuring in Selected Central European Countries

Financial Market Restructuring in Selected Central European Countries PDF Author: Karen S. Vorst
Publisher: Routledge
ISBN: 042985336X
Category : Business & Economics
Languages : en
Pages : 219

Get Book Here

Book Description
Published in 1998, this book provides detailed information on the financial markets in selected Central European transitioning economies. The independent countries selected for study in the text are Poland, Hungary, the Czech Republic and the Slovak Republic. The former East Germany is also include due to its proximity to the above countries and its unique experience in the transition process. Each country's section of the book contains articles written by professionals in the selected country. These individuals are economists, central bankers and/or analysts who have first-hand knowledge of the financial system. Each section details: the development in the banking sector plus the role of the central bank and the government in guiding the economy toward the market system; discuses the emerging capital markets and the ongoing process of privatization; and provides an update of the economic progress toward a market system that has been achieved since 1989.

Financial Sector Crisis and Restructuring

Financial Sector Crisis and Restructuring PDF Author: Carl-Johan Lindgren
Publisher:
ISBN: 9781557758712
Category : Business & Economics
Languages : en
Pages : 103

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Book Description
An IMF paper reviewing the policy responses of Indonesia, Korea and Thailand to the 1997 Asian crisis, comparing the actions of these three countries with those of Malaysia and the Philippines. Although all judgements are still tentative, important lessons can be learned from the experiences of the last two years.

Sovereign Debt Restructurings 1950-2010

Sovereign Debt Restructurings 1950-2010 PDF Author: Mr.Udaibir S. Das
Publisher: International Monetary Fund
ISBN: 1475505531
Category : Business & Economics
Languages : en
Pages : 128

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Book Description
This paper provides a comprehensive survey of pertinent issues on sovereign debt restructurings, based on a newly constructed database. This is the first complete dataset of sovereign restructuring cases, covering the six decades from 1950–2010; it includes 186 debt exchanges with foreign banks and bondholders, and 447 bilateral debt agreements with the Paris Club. We present new stylized facts on the outcome and process of debt restructurings, including on the size of haircuts, creditor participation, and legal aspects. In addition, the paper summarizes the relevant empirical literature, analyzes recent restructuring episodes, and discusses ongoing debates on crisis resolution mechanisms, credit default swaps, and the role of collective action clauses.

Financial Market Restructuring in Selected Central European Countries

Financial Market Restructuring in Selected Central European Countries PDF Author: Karen S Vorst
Publisher: Routledge
ISBN: 9781138314467
Category :
Languages : en
Pages : 265

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Book Description
Published in 1998, this book provides detailed information on the financial markets in selected Central European transitioning economies. The independent countries selected for study in the text are Poland, Hungary, the Czech Republic and the Slovak Republic. The former East Germany is also include due to its proximity to the above countries and its unique experience in the transition process. Each country's section of the book contains articles written by professionals in the selected country. These individuals are economists, central bankers and/or analysts who have first-hand knowledge of the financial system. Each section details: the development in the banking sector plus the role of the central bank and the government in guiding the economy toward the market system; discuses the emerging capital markets and the ongoing process of privatization; and provides an update of the economic progress toward a market system that has been achieved since 1989.

Financial Market Restructuring in Selected Central European Countries

Financial Market Restructuring in Selected Central European Countries PDF Author: Karen S. Vorst
Publisher: Ashgate Publishing
ISBN:
Category : Business & Economics
Languages : en
Pages : 280

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Book Description
This book provides detailed up-to-date information on the banking and capital markets in selected Central European transitioning economies.

The Euro-Asian World

The Euro-Asian World PDF Author: Y. Kalyuzhnova
Publisher: Springer
ISBN: 0333981502
Category : Political Science
Languages : en
Pages : 240

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Book Description
This text establishes the concept of Euro-Asia as the means to discuss the European and Asian countries that are undergoing post-Cold War transformation. Elements of the transitional changes covered include: conflicts and peacekeeping, geopolitical issues and economic realities.

This Time Is Different

This Time Is Different PDF Author: Carmen M. Reinhart
Publisher: Princeton University Press
ISBN: 0691152640
Category : Business & Economics
Languages : en
Pages : 513

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Book Description
An empirical investigation of financial crises during the last 800 years.

The Return of Mitteleuropa

The Return of Mitteleuropa PDF Author: Sohrab Abizadeh
Publisher: Commack, NY : Nova Science Publishers
ISBN:
Category : Business & Economics
Languages : en
Pages : 234

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Book Description
Offers a progress report on the state of the post-Communist revolution, ten years on, in Central Europe, concluding that the transition to democracy and markets for these countries has been bumpier and longer than might have been expected 10 years ago. Early chapters concentrate on the overall transition process in the region, and later chapters deal with specific cases. Subjects include economics of mass media, the information society model, the Czech experience in educational change, and women's employment in Poland. Annotation copyrighted by Book News, Inc., Portland, OR

Borrowing Credibility

Borrowing Credibility PDF Author: Jana Grittersova
Publisher: University of Michigan Press
ISBN: 0472123084
Category : Political Science
Languages : en
Pages : 311

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Book Description
Nations with credible monetary regimes borrow at lower interest rates in international markets and are less likely to suffer speculative attacks and currency crises. While scholars typically attribute credibility to domestic institutions or international agreements, Jana Grittersová argues that when reputable multinational banks headquartered in Western Europe or North America open branches and subsidiaries within a nation, they enhance that nation’s monetary credibility. These banks enhance credibility by promoting financial transparency in the local system, improving the quality of banking regulation and supervision, and by serving as private lenders of last resort. Reputable multinational banks provide an enforcement mechanism for publicized economic policies, signaling to international financial markets that the host government is committed to low inflation and stable currency. Grittersová examines actual changes in government behavior of nations trying to gain legitimacy in international financial markets, and the ways in which perceptions of these nations change in relation to multinational banks. In addition to quantitative analysis of over 80 emerging-market countries, she offers extensive case studies of credibility building in the transition countries of Eastern Europe, Argentina in 2001, and the global financial crisis of 2008. Grittersová illuminates the complex interactions between multinational banks and national policymaking that characterize the process of financial globalization to reveal the importance of market confidence in a world of mobile capital.

Banking and Monetary Policy in Eastern Europe

Banking and Monetary Policy in Eastern Europe PDF Author: Adalbert Winkler
Publisher: Springer
ISBN: 1403907684
Category : Business & Economics
Languages : en
Pages : 235

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Book Description
At the beginning of the transition process, the countries of Central and Eastern Europe faced the task of creating a functioning financial system where none had existed before. A decade later, high-level practitioners and well-known experts take stock of banking and monetary policy in the region, centring on: the governance of banks; the spread of financial crisis; and, perspectives for monetary policy and banking sector development.