Author: Michael J. Buckle
Publisher: Manchester University Press
ISBN: 9780719030291
Category : Business & Economics
Languages : en
Pages : 324
Book Description
This text aims to provide a detailed explanation of the workings of the UK financial system. It details both the institutional structure and the economic theory behind the financial system, and discusses the extensive changes brought about by the single European market of 1992.
The United Kingdom Financial System in Transition
Author: Michael J. Buckle
Publisher: Manchester University Press
ISBN: 9780719030291
Category : Business & Economics
Languages : en
Pages : 324
Book Description
This text aims to provide a detailed explanation of the workings of the UK financial system. It details both the institutional structure and the economic theory behind the financial system, and discusses the extensive changes brought about by the single European market of 1992.
Publisher: Manchester University Press
ISBN: 9780719030291
Category : Business & Economics
Languages : en
Pages : 324
Book Description
This text aims to provide a detailed explanation of the workings of the UK financial system. It details both the institutional structure and the economic theory behind the financial system, and discusses the extensive changes brought about by the single European market of 1992.
Designing Financial Systems in Transition Economies
Author: Anna Meyendorff
Publisher: MIT Press
ISBN: 9780262133913
Category : Business & Economics
Languages : en
Pages : 340
Book Description
This collection examines the design of financial systems for central and eastern European countries engaged in the transition to market-based economies. It highlights the need for better approaches to measuring performance and providing incentives in banking and for financial mechanisms to encourage private-sector growth. Written by leading European and North American scholars, the essays apply modern finance theory and empirical data to the development of new financial sectors.
Publisher: MIT Press
ISBN: 9780262133913
Category : Business & Economics
Languages : en
Pages : 340
Book Description
This collection examines the design of financial systems for central and eastern European countries engaged in the transition to market-based economies. It highlights the need for better approaches to measuring performance and providing incentives in banking and for financial mechanisms to encourage private-sector growth. Written by leading European and North American scholars, the essays apply modern finance theory and empirical data to the development of new financial sectors.
Financial Systems In Transition: A Flow Of Analysis Study Of Financial Evolution In Eastern Europe And Central Asia
Author: Alexander E Fleming
Publisher: World Scientific
ISBN: 9814492442
Category : Business & Economics
Languages : en
Pages : 248
Book Description
It is now ten years since the former Soviet Union collapses and the countries of Europe and Central Asia abandoned central planning. Enough experience has accumulated to allow a more reflective study of the transition period. One of the most critical elements of the transition to a market-based economy has been the establishment of the institutions and markets that constitute a financial system. This book examines financial transition through the lens of flow of funds accounts. These accounts have been used in the OECD countries for many years as an aid in analyzing money flows around their financial systems. This is the first time, however, that an attempt has been made to interpret financial transition from this perspective and it has yielded what the authors consider to be new, useful insights into the processes.The book reviews the evolution of financial systems in eight transition countries: Estonia, Hungary, Kazakhstan, Latvia, Lithuania, Poland, Russia, and Romania. Each chapter draws upon a flow of funds analysis to illuminate the relationship between macroeconomic performance and the evolving pattern of financial flows through the emerging markets and institutions. The introductory chapter discusses the nature of the flow of funds approach and its applicability to transition economies, while another chapter compares and contrasts the macroeconomic and financial performances of the eight countries by focusing on the orientation of sectoral imbalances within each economy and the nature of financing flows associated with them.
Publisher: World Scientific
ISBN: 9814492442
Category : Business & Economics
Languages : en
Pages : 248
Book Description
It is now ten years since the former Soviet Union collapses and the countries of Europe and Central Asia abandoned central planning. Enough experience has accumulated to allow a more reflective study of the transition period. One of the most critical elements of the transition to a market-based economy has been the establishment of the institutions and markets that constitute a financial system. This book examines financial transition through the lens of flow of funds accounts. These accounts have been used in the OECD countries for many years as an aid in analyzing money flows around their financial systems. This is the first time, however, that an attempt has been made to interpret financial transition from this perspective and it has yielded what the authors consider to be new, useful insights into the processes.The book reviews the evolution of financial systems in eight transition countries: Estonia, Hungary, Kazakhstan, Latvia, Lithuania, Poland, Russia, and Romania. Each chapter draws upon a flow of funds analysis to illuminate the relationship between macroeconomic performance and the evolving pattern of financial flows through the emerging markets and institutions. The introductory chapter discusses the nature of the flow of funds approach and its applicability to transition economies, while another chapter compares and contrasts the macroeconomic and financial performances of the eight countries by focusing on the orientation of sectoral imbalances within each economy and the nature of financing flows associated with them.
Designing Financial Systems in Transition Economies
Author: Anna Meyendorff
Publisher:
ISBN: 9780262536899
Category :
Languages : en
Pages : 320
Book Description
Essays on the design of financial systems for countries in transition to a market-based economy.
Publisher:
ISBN: 9780262536899
Category :
Languages : en
Pages : 320
Book Description
Essays on the design of financial systems for countries in transition to a market-based economy.
Financial Systems in Transition
Author: Irena Grosfeld
Publisher:
ISBN:
Category : Bancos y banca - Europa Central
Languages : en
Pages : 33
Book Description
This paper looks at empirical evidence and economic theory in order to find some guidelines for building the institutions of a financial system. It argues that in the countries in transition, priority should be given to stimulating information generation about investment opportunities, and to ensuring substantial external evaluation of companies' potential. The actual evolution of financial systems in Central and East European countries shows, however, that banks are playing an increasingly important role, and that very close links are developing between the banking and the industrial sectors. If banks are to become not only privileged creditors, but also shareholders of firms, the information needed for efficient restructuring may become the victim of excessive commitment.
Publisher:
ISBN:
Category : Bancos y banca - Europa Central
Languages : en
Pages : 33
Book Description
This paper looks at empirical evidence and economic theory in order to find some guidelines for building the institutions of a financial system. It argues that in the countries in transition, priority should be given to stimulating information generation about investment opportunities, and to ensuring substantial external evaluation of companies' potential. The actual evolution of financial systems in Central and East European countries shows, however, that banks are playing an increasingly important role, and that very close links are developing between the banking and the industrial sectors. If banks are to become not only privileged creditors, but also shareholders of firms, the information needed for efficient restructuring may become the victim of excessive commitment.
Restructuring Financial Systems in Transition and Developing Economies
Author: Elisabetta Bertero
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
Book Description
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
Book Description
Strategic Decisions for Financial Systems in Transition
Author:
Publisher:
ISBN:
Category :
Languages : en
Pages :
Book Description
Publisher:
ISBN:
Category :
Languages : en
Pages :
Book Description
Financial Systems in Transition
Author: Alexander Fleming
Publisher: World Scientific
ISBN: 9810244061
Category : Business & Economics
Languages : en
Pages : 248
Book Description
It is now ten years since the former Soviet Union collapses and the countries of Europe and Central Asia abandoned central planning. Enough experience has accumulated to allow a more reflective study of the transition period. One of the most critical elements of the transition to a market-based economy has been the establishment of the institutions and markets that constitute a financial system. This book examines financial transition through the lens of flow of funds accounts. These accounts have been used in the OECD countries for many years as an aid in analyzing money flows around their financial systems. This is the first time, however, that an attempt has been made to interpret financial transition from this perspective and it has yielded what the authors consider to be new, useful insights into the processes.The book reviews the evolution of financial systems in eight transition countries: Estonia, Hungary, Kazakhstan, Latvia, Lithuania, Poland, Russia, and Romania. Each chapter draws upon a flow of funds analysis to illuminate the relationship between macroeconomic performance and the evolving pattern of financial flows through the emerging markets and institutions. The introductory chapter discusses the nature of the flow of funds approach and its applicability to transition economies, while another chapter compares and contrasts the macroeconomic and financial performances of the eight countries by focusing on the orientation of sectoral imbalances within each economy and the nature of financing flows associated with them.
Publisher: World Scientific
ISBN: 9810244061
Category : Business & Economics
Languages : en
Pages : 248
Book Description
It is now ten years since the former Soviet Union collapses and the countries of Europe and Central Asia abandoned central planning. Enough experience has accumulated to allow a more reflective study of the transition period. One of the most critical elements of the transition to a market-based economy has been the establishment of the institutions and markets that constitute a financial system. This book examines financial transition through the lens of flow of funds accounts. These accounts have been used in the OECD countries for many years as an aid in analyzing money flows around their financial systems. This is the first time, however, that an attempt has been made to interpret financial transition from this perspective and it has yielded what the authors consider to be new, useful insights into the processes.The book reviews the evolution of financial systems in eight transition countries: Estonia, Hungary, Kazakhstan, Latvia, Lithuania, Poland, Russia, and Romania. Each chapter draws upon a flow of funds analysis to illuminate the relationship between macroeconomic performance and the evolving pattern of financial flows through the emerging markets and institutions. The introductory chapter discusses the nature of the flow of funds approach and its applicability to transition economies, while another chapter compares and contrasts the macroeconomic and financial performances of the eight countries by focusing on the orientation of sectoral imbalances within each economy and the nature of financing flows associated with them.
Comparing Financial Systems, Problems of Information and Control in Economies in Transition
Author: Irena Grosfeld
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
Book Description
Article describes Central and East European Countries (CEEC) in which in the absence of capital market the performance of enteprises was determined by real variables, financial flows being adjusted to real flows. The lack of a full fledged financial system has often been identified as one of the main weaknesses of centrally planned economies. Described is looking for an appropriate model of a financial system by the managers of transition who are inevitably confronted with the diversity of contemporary institutional arrangements in this domain. Therefore, echoing western discussion there is a budding debate in CEEC about the relative role of the stock market and of the banking system in financing investment and controlling management. In the article is also shown the particular situation of the countries in transition in order to draw some conclusions about the desirability and feasibility of different institutional arrangements and finally presented the actual evolution of financial systems in CEEC from the viewpoint of the relationship between banks and industry: it seems indeed that banks are playing an increasingly important role and that very close links are developing between the banking and the industrial sectors. The arguments pro and con such involvement are discussed not in terms of an "optimal" model, which remains obscure, but from the viewpoint of the medium term objectives of transformation.
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
Book Description
Article describes Central and East European Countries (CEEC) in which in the absence of capital market the performance of enteprises was determined by real variables, financial flows being adjusted to real flows. The lack of a full fledged financial system has often been identified as one of the main weaknesses of centrally planned economies. Described is looking for an appropriate model of a financial system by the managers of transition who are inevitably confronted with the diversity of contemporary institutional arrangements in this domain. Therefore, echoing western discussion there is a budding debate in CEEC about the relative role of the stock market and of the banking system in financing investment and controlling management. In the article is also shown the particular situation of the countries in transition in order to draw some conclusions about the desirability and feasibility of different institutional arrangements and finally presented the actual evolution of financial systems in CEEC from the viewpoint of the relationship between banks and industry: it seems indeed that banks are playing an increasingly important role and that very close links are developing between the banking and the industrial sectors. The arguments pro and con such involvement are discussed not in terms of an "optimal" model, which remains obscure, but from the viewpoint of the medium term objectives of transformation.
Accounting and Financial System Reform in a Transition Economy: A Case Study of Russia
Author: Robert W. McGee
Publisher: Springer Science & Business Media
ISBN: 0387238875
Category : Business & Economics
Languages : en
Pages : 179
Book Description
Much has been written about the economic and political problems of countries that are in the process of changing from centrally planned systems to market systems. Most studies have focused on the economic, legal, political, and sociological problems these economies have had to face during the transition period. However, not much has been written about the dramatic changes that have to be made to the accounting and financial system of a transition economy. Accounting and Financial System Reform in a Transition Economy: A Case Study of Russia was written to help fill that gap.
Publisher: Springer Science & Business Media
ISBN: 0387238875
Category : Business & Economics
Languages : en
Pages : 179
Book Description
Much has been written about the economic and political problems of countries that are in the process of changing from centrally planned systems to market systems. Most studies have focused on the economic, legal, political, and sociological problems these economies have had to face during the transition period. However, not much has been written about the dramatic changes that have to be made to the accounting and financial system of a transition economy. Accounting and Financial System Reform in a Transition Economy: A Case Study of Russia was written to help fill that gap.