Reforming the Financial Sector in Central European Countries
The analysis in this book reflects various aspects of financial sector transformation in selected Central European countries that are expected to join the EU in 2004. The authors are Central European financial experts who provide, among other things, a de
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Stanislav Poloucek
Reforming the Financial Sector in Central European Countries
Studies in Economic Transition General Editors: Jens Hölscher, Senior Lecturer in Economics, University of Brighton; and Horst Tornann, Professor of Economics, Free University Berlin This new series has been established in response to a growing demand for a greater understanding of the transformation of economic systems. It brings together theoretical and empirical studies on economic transition and economic development. The post-communist transition from planned to market economies is one of the main areas of applied theory because in this field the most dramatic examples of change and economic dynamics can be found. The series aims to contribute to the understanding of specific major economic changes as well as to advance the theory of economic development. The implications of economic policy will be a major point of focus. Titles include: Irwin Collier, Herwig Roggemann, Oliver Scholz and Horst Tomann (editors) WELFARE STATES IN TRANSITION East and West Hella Engerer PRIVATIZATION AND ITS LIMITS IN CENTRAL AND EASTERN EUROPE Property Rights in Transition Hubert Gabrisch and Rüdiger Pohl (editors) EU ENLARGEMENT AND ITS MACROECONOMIC EFFECTS IN EASTERN EUROPE Currencies, Prices, Investment and Competitiveness Jens Hölscher (editor) FINANCIAL TURBULENCE AND CAPITAL MARKETS IN TRANSITION COUNTRIES Jens Hölscher and Anja Hochberg (editors) EAST GERMANY’S ECONOMIC DEVELOPMENT SINCE UNIFICATION Domestic and Global Aspects Mihaela Kelemen and Monika Kostera (editors) CRITICAL MANAGEMENT RESEARCH IN EASTERN EUROPE Managing the Transition Emil J. Kirchner (editor) DECENTRALIZATION AND TRANSITION IN THE VISEGRAD Poland, Hungary, the Czech Republic and Slovakia Julie Pellegrin THE POLITICAL ECONOMY OF COMPETITIVENESS IN AN ENLARGED EUROPE Stanislav Poloucˇek (editor) REFORMING THE FINANCIAL SECTOR IN CENTRAL EUROPEAN COUNTRIES
Gregg S. Robins BANKING IN TRANSITION East Germany after Unification Johannes Stephan ECONOMIC TRANSITION IN HUNGARY AND EAST GERMANY Gradualism and Shock Therapy in Catch-up Development Hans van Zon THE POLITICAL ECONOMY OF INDEPENDENT UKRAINE Adalbert Winkler (editor) FINANCIAL DEVELOPMENT IN EASTERN EUROPE The First Ten Years
Studies in Economic Transition Series Standing Order ISBN 978-0-333-73353–0 (outside North America only) You can receive future titles in this series as they are published by placing a standing order. Please contact your bookseller or, in case of difficulty, write to us at the address below with your name and address, the title of the series and the ISBN quoted above. Customer Services Department, Macmillan Distribution Ltd., Houndmills, Basingstoke, Hampshire RG21 6XS, England
Reforming the Financial Sector in Central European Countries Edited by
Stanislav Poloucˇek Professor of Finance Silesian University School of Business Administration, Karviná
Editorial matter and selection and Chapter 3 © Stanislav Poloucˇek 2004 Remaining chapters © Palgrave Macmillan 2004 All rights reserved.
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