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Designing financial systems in transition economies : strategies for reform in Central and Eastern Europe / edited by Anna Meyendorff and Anjan Thakor
Bib ID 298035
Format BookBook
Online Versions
Description Cambridge, Mass. : MIT Press, 2001 
311 p. ; 24 cm. 
ISBN 0262133911
Summary

"This collection examines the design of financial systems for central and eastern European countries engaged in the transition to market-based economies. It highlights the need for better approaches to measuring performance and providing incentives in banking and for financial mechanisms to encourage private-sector growth. Written by leading European and North American scholars, the essays apply modern finance theory and empirical data to the development of new financial sectors."--BOOK JACKET.

Full contents
  • Machine derived contents note: 1 Introduction: Financial Systems in Transition
  • Anna Meyendorff and Anjan Thakor
  • 2 Banks' Bad Debts: Policies, Creditor Passivity, and Soft Budget
  • Constraints
  • Janet Mitchell
  • 3 On the Design of Bank Bailout Policy in Transition Economies
  • Philippe Aghion, Patrick Bolton, and Steven Fries
  • 4 Revisiting Hungary's Bankruptcy Episode
  • John Bonin and Mark E. Schaffer
  • 5 Tax Avoidance and the Allocation of Credit
 
Notes

Includes bibliographical references and index.

Subjects Finance -- Europe, Eastern.  |  Finance -- Europe, Central.  |  Europe, Eastern -- Economic policy -- 1989-  |  Europe, Central -- Economic policy.
Other authors/contributors Thakor, Anjan V  |  Meyendorff, Anna

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