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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.

The countries of Central and Eastern Europe have been through a profound transition process for more than a decade now. The financial sectors and markets in the region have been subject to major structural reforms including privatization, liberalization and the acquisition by foreign banks of controlling interests in local financial institutions.This important new book includes papers that chart this process. Topics discussed include the impli...

Financial services firms play a key role in the European economy. The efficiency and profitability of these firms and the competition among them have an impact on allocation of savings, financing of investment, economic growth, the stability of the financial system and the transmission of monetary policy. This collection of research contributions includes evaluations of trends in the European financial service industry and examinations of the ...

This collection of research contributions, written by leading academics and researchers, includes trend evaluations and examinations of the driving forces behind the efficiency, competition and profitability of financial firms and institutions in Europe.