Banking reform in Central Europe and the former Soviet Union

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Central European University Press, Oct 19, 1995 - Business & Economics - 233 pages
The book assesses the lessons which can be drawn from reforms in Central Europe for the later reformers in the former Soviet Union and the Balkans. It considers the impact of banking reform on macroeconomic stabilization and the suitability of German-type universal banks; the role of banking regulation and the advantages of 'narrow banks' during transition; the cleaning-up of bad debts; bank privatization and reform of the payments system. Five chapters follow which review the experience of some of the 'second-wave' countries: Estonia, Georgia, Romania, Russia and Ukraine.

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Contents

The Banking System Credit and the Real Sector
16
Financial Sector Design Regulation and Deposit
42
Lessons from Bad Loan Management in the East Central
58
Copyright

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About the author (1995)

Jacek Rostowski is Professor of Economics and Head of the Economics Department at the Central European University, Budapest. He was Economic Adviser to the Polish Government during 1989-91, and has also advised the authorities in Russia, Latvia and Ukraine.

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