Reforming the Financial Sector in Central European Countries - Rilegato

Rilegato

ISBN 10: 1403915466 ISBN 13: 9781403915467

Casa editrice: Palgrave Macmillan, 2003

Riassunto

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 detailed overview of the following main topics: Banking Regulation and Supervision; Concentration and Efficiency of the Banking Sectors; Financial (banking) crises in selected Central European countries; and Monetary and Exchange Rate Development. The results of the research done by these authors reflect an interesting fact: that there exist important differences in the financial sector development even in the relatively homogeneous group of selected Central European countries, namely the Czech Republic, Poland, Slovakia and Hungary.

Su questo libro

L'autore:

Stanislav Poloucek is a Professor of Finance and Head of the Department of Finance at Silesian University, School of Business Administration, Karvinbliogá, Czech Republic.

Contenuti:

List of Tables
List of Figures
List of Abbreviations
Acknowledgements
Notes on the Contributors
PART 1: THE FINANCIAL AND BANKING SECTORS IN TRANSITION COUNTRIES L.Kulhánek, S.Poloucek & D.Stavárek
Financial sectors and intermediation in transition countries
Comparison of financial sector structures
Development and restructuring of banking sectors in the CEC
Conclusion
PART 2: THE CZECH BANKING SYSTEM IN THE 1990S: REGULATION AND SUPERVISION; R.Matoušek
The role and place of banking regulation and supervision
Banking regulation and supervision - legislative framework
Entry into and exit from the banking sector
Deposit insurance scheme
The institutional framework of supervision and regulation
Conclusion
PART 3: CONCENTRATION OF BANKING SECTORS; S.Poloucek
Concentration and economic theory
The concept of measurement of concentration
Concentration in the banking sectors of the Czech Republic, Poland and Slovakia
Conclusion
PART 4: EFFICIENCY AND PROFITABILITY IN THE BANKING SECTOR; D.Stavárek and S.Poloucek
The theoretical framework of efficiency
Cross-country analysis of relative efficiency
Privatization and banking sector profitability
Risk and profitability of banks in CEC
Relationship between efficiency and profitability
Conclusion
Appendix
PART 5: COSTS OF MACROECONOMIC INSTABILITY IN ACCESSION COUNTRIES; J.Frait, L.Komárek and M.Melecký
Overview of features of the transition process in the ACC
Facts on financial instability
An empirical analysis of potential costs associated with macroeconomic instability
Conclusion
Appendix
PART 6: EXCHANGE RATE AND MONETARY DEVELOPMENTS IN ACCESSION COUNTRIES; J.Frait and L.Komárek
Overview of discussions on the introduction of the euro
Nominal and real convergence
Exchange rate developments in six accession countries
Inflation targets and price-level convergence
Exchange rate regimes and the speed of euro adoption
Exchange rate strategies of accession countries
Conclusion
Index

Su questa edizione

• Editore: Palgrave Macmillan
• Data di pubblicazione: 2003
• ISBN 10: 1403915466
• ISBN 13: 9781403915467
• Rilegatura: Copertina rigida
• Numero di pagine: 221
• Redattore: Poloucek Stanislav