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...

Intro -- Contents -- Foreword -- Preface -- Acknowledgments -- Contributors -- Overview -- Part I Global Financial Markets and the Transition Economies -- Chapter 1 Transition Economies in the Evolving Global Financial Markets -- Chapter 2 Financial Integration in Western Europe: Can the East...