Central and Eastern European countries have built up financial systems adapted to market economies. The stability and efficiency of these systems are essential to their economic development and competitiveness. Many of the countries are also EU accession countries in the process of transforming their legal and institutional infrastructure towards Western European standards. Most of the accession countries are aiming at becoming EMU-members and want to replace their currencies by the Euro within a few years.
Among the topics analyzed in this book are:
* The efficiency of domestic...

How does financial deregulation affect the operation of the banking system in the UK? What are the consequences of the development of an electronic banking system? This book addresses these and other important questions in a survey of UK change in the financial sector and in banking in particular. Attention is given to the role of building societies after the 'big bang' and the implications for retail banking of competition in the housing finance market. Both the long and short term implications of regulatory reform for banks are dealt with together with the role of the Bank of England and...

A profound transition process has affected the financial sectors & markets in Central & Eastern Europe over the past decade or more. This collection charts progress to date & discusses the implications of future EU membership, as well as the strategies pursued by the World Bank & International Monetary Fund.

How does financial deregulation affect the operation of the banking system in the UK? What are the consequences of the development of an electronic banking system? This text addresses these and other important questions in a survey of UK change in the financial sector and in banking in particular.