widespread in Romania. Managers of enterprises that remain in the pipeline for privatization for long periods of time have little …This Selected Issues paper for Romania reports that the practice of nonpayment and arrears accumulation has been …

, privatization methods had a lasting effect on ownership structure in Ukraine. …

This paper provides an overview of the possible linkages between state-owned banks, privatization, and banking sector … provide guidance to policymakers regarding bank privatization. …

privatization and the resulting low ownership concentration is one of the reasons for the poor performance of surviving firms. …

The paper discusses recommendations made in a fiscal transparency evaluation report for Romania. Seven recommendations …

Romania. Efforts are needed to strengthen monetary policy transmission. The banking system remains well capitalized, but the …

KEY ISSUES Background: Romania has in large part reduced internal and external imbalances through sound macroeconomic … faster growth. At the same time, Romania remains vulnerable to external shocks and the repair of balance sheets is not yet …

, with risks to the outlook mostly on the downside. With strong trade and financial sector linkages, Romania is exposed to …