Download Banking in Central and Eastern Europe 1980-2006: From by Stephan Barisitz PDF

By Stephan Barisitz

Comparative in constitution and overlaying an in depth variety of transition international locations in its survey, this finished booklet overviews the advance of the banking structures in crucial and japanese ecu because the communist period till the current time.

Taking in various international locations together with Hungary, Poland, Czech Republic, Slovakia, Bulgaria, Romania, Croatia, Russia, Ukraine, Belarus, Kazakhstan, Uzbekistan, Barisitz - an economist with the vital financial institution of Austra - analyzes the evolution of felony foundations, banking supervision, banks’ significant assets of resources, liabilities, profits and comparable alterations, banking crises, restructuring, rehabilitation courses, the position of foreign-owned banks and FDI.

A major book, it truly is attention-grabbing interpreting for all these learning and dealing within the parts of transition financial system, macro and financial financial system and financial history

 

Show description

Read Online or Download Banking in Central and Eastern Europe 1980-2006: From Communism to Capitalism PDF

Similar banks & banking books

The Experience of Free Banking

The renewed curiosity in loose banking has ended in old study of locations and classes that skilled a few type of laissez faire banking. The adventure of unfastened Banking includes the widest precis to this point of this paintings, together with exams of loose banking in Australia, the U.S., Canada, China, Columbia, France, Scotland, and Switzerland.

Annual World Bank Conference on Development Economics 2000

The 'Annual international financial institution convention on improvement Economics' is an international accumulating of students and practitioners of improvement coverage together with contributors from govt, inner most zone, and academia. The twelfth annual convention, held in April 2000, targeted commonly on 4 parts: new improvement considering, crises and restoration, company governance and restructuring, and social defense together with private and non-private discount rates.

The Future of Global Financial Services (Blackwell Global Dimensions of Business Series)

This booklet explores the way forward for the monetary prone undefined, giving readers an idea of the categories of associations and companies that would live to tell the tale within the early twenty-first century. An informative and provocative exploration of the way forward for the monetary providers undefined. makes a speciality of most likely adjustments within the close to destiny, comparable to higher use of the net for banking transactions and the expanding globalization of monetary providers.

Financial Strategies for the Manager

A part of Tsinghua college Texts, monetary recommendations for the chief features a diversity of economic administration concerns comparable to financial plan research, a scientific method of monetary functionality appraisal, liquidity administration and revenues development, operating capital administration, budgeting, foreign currencies and rate of interest danger administration, and a most dear software no longer often understood – EVA.

Extra info for Banking in Central and Eastern Europe 1980-2006: From Communism to Capitalism

Sample text

This gave rise to high investment demand and strong growth rates of capital accumulation, triggering overinvestment (according to market economy criteria), low productivity, limited efficiency and a waste of resources. Although most banks were the property of enterprises, government exerted considerable sway over credit activities. While not so much intervening directly, state organs (predominantly republican and local jurisdictions) had various means at their disposal to impose their influence on firms and banks in exchange for protection against competition and other economic risks, like the risk of bankruptcy (OECD 1987: 43).

Due to intensified competition from the above-mentioned sources, margins between lending and deposit rates declined significantly. The banking sector was well capitalized. Poland Polish banking reforms were not as swift as those of Hungary but they did include as their centerpiece a decentralized restructuring program which changed incentives for banks as well as the real sector and effectively contributed to introducing hard budget constraints in the Polish economy. At the outset, however, liberal licensing policies and weak rules promoted the prolifer- Transition, liberalization, banking crises 25 ation of credit institutions, among them many pocket banks, which was reined in only in 1992 by the central bank’s imposition of higher capital requirements and other restrictions.

In the USSR, the erosion of Soviet central power led to the “takeover” of regional branches of Gosbank and of specialized banks by respective republican administrations and to the passage of republican banking legislation. The Russian Soviet Republic, for example, acted this way in late 1990. Overall, the various liberalization measures – notably, political liberalization 18 Banking under socialism and democratic reforms, as well as cross-border influences – successively pushed toward the end of the communist system.

Download PDF sample

Rated 4.10 of 5 – based on 40 votes

admin