Banking and Financial Stability in Central Europe: Integrating Transition Economies into the European Union
![Banking and Financial Stability in Central Europe: Integrating Transition Economies into the European Union]()
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$130.00
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Manufacturer: Edward Elgar Publishing
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Binding: Hardcover
Dewey Decimal Number: 332.10943
EAN: 9781840645125
ISBN: 1840645121
Label: Edward Elgar Publishing
Manufacturer: Edward Elgar Publishing
Number Of Items: 1
Number Of Pages: 224
Publication Date: 2002-06
Publisher: Edward Elgar Publishing
Studio: Edward Elgar Publishing
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Editorial Reviews:
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The eastwards expansion of the European Union is one of the most explosive economic and political issues of the early 21st century. Economic and financial stability combined with rising prosperity in the applicant countries are increasingly seen as necessary preconditions for European Union membership. This volume, written by scholars and practitioners from Central and Western Europe and the USA, confronts the issues involved in three of the countries most likely to be successful applicants - the Czech Republic, Hungary and Slovenia. A spotlight is turned on the banking and financial industries, as they are crucial to the achievement of economic stability. The text is based on knowledge and experience in central banking, financial and commercial law, business, practical policy-making, and economic analysis. The authors suggest that the role of the state in both creating and maintaining an effective financial sector is crucial. Furthermore, they argue that well-regulated commercial banks and strategic foreign investors are a must as, in practice, the attempt to skip straight to modern capital markets has been ruinous.
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