The first step towards the establishment of a banking sector geared to the market economy, the introduction of a two-tier banking system, has long since been taken by the countries of East Central Europe. A large number of shortcomings are still to be found in their banking systems, however, and...

The first step towards the establishment of a banking sector geared to the market economy, the introduction of a two-tier banking system, has long since been taken by the countries of East Central Europe. A large number of shortcomings are still to be found in their banking systems, however, and...

In November 1981 Hungary and, one week later, Poland applied for membership of the International Monetary Fund (IMF) and the International Bank for Reconstruction and Development (World Bank). These applications have highlighted a subject which had been neglected for quite some time. This...

Obwohl sich die Geschäftsbanken in Rußland gegenwärtig dank positiver Wirtschaftsentwicklung in einer Phase enormen Wachstums befindet, ist das russische Bankensystem noch bei weitem nicht vollkommen. Die zwei größten Banken, die Sberbank, deren Aktienmehrheit der Zentralbank gehört, und...

Der chinesische Finanzsektor ist mit einem enormen Risiko behaftet. Monetäre Stabilität und Finanzdisziplin auf allen Ebenen von Staat und Wirtschaft als notwendige Voraussetzungen für ein Gelingen der Wirtschaftsreformen sind seit langem überfällig. Das staatliche Bankensystem blieb 20...

In November 1981 Hungary and, one week later, Poland applied for membership of the International Monetary Fund (IMF) and the International Bank for Reconstruction and Development (World Bank). These applications have highlighted a subject which had been neglected for quite some time. This...