Lessons from Latvia's banking crisis can be applied in other transition economies.In the spring of 1995, Latvia experienced the largest banking crisis in the former Soviet Union to date, involving the loss of about 40 percent of the banking system's assets and liabilities. Fleming and Talley...

this book is the result of a World Bank conference on regulatory structure organized to give policymakers an opportunity to reflect on the worldwide trend toward structural change and, in particular, the amalgamation of regulatory agencies. Within this trend, a number of competing models of...

The financial sectors of the post-communist economies of Europe and Central Asia are perhaps where the most intractable problems existed and where the most difficult reforms were forced to begin. This report examines the factors that influenced, and will influence, the adaptation of ECA's...

November 1999 - In the past, financial supervision tended to be organized around specialist agencies for the banking, securities, and insurance sectors. In recent years, several countries have moved toward integrating these different supervisory functions in a single agency. Drawing on Northern...

Intro -- Contents -- Foreword -- Contributors -- Chapter 1: Summary of the Discussion -- Choosing an Appropriate Regulatory Structure -- Managing the Transition -- Making Structures Work -- Other Issues -- Conclusions -- Chapter 2: Institutional Structure of Financial Regulation and Supervision:...