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One key focus of the on-going debate on the integration of international financial markets have been measures to lengthen the maturity of foreign debt, as short-term debt is typically considered to be highly volatile. The transition economies of Central and Eastern Europe are one group of...
Persistent link: https://www.econbiz.de/10010295719
transmission channels through which monetary policy shocks are transmitted is particularly important for the European Central Bank … that makes monetary policy in an enlarged European Monetary Union. The paper focuses on the bank lending channel of …, liquidity and ownership structure. The results indicate that a bank lending channel is present in the Baltic States and mainly …
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the massive accumulation of nonperforming loans on banks' balance sheets, bank failures, and the economic recession in the …
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From the single-tiered banking system of the late 1980s, still ruled by the communist party, Eastern Europe's financial system has evolved towards one which EU countries have long been accustomed to. Central and Eastern European Countries (CEEC) are now on the brink of EU membership, and...
Persistent link: https://www.econbiz.de/10010273323
The information technology sector in Europe, comprising the production of computer hardware and software, is disproportionately located on the continent’s western periphery. The vast bulk of computers sold in Europe in the 1990s were assembled either in Ireland or Scotland, while Ireland also...
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The paper aims at comparing the formal and informal labour markets in the Central and Eastern European new EU Member States and candidate countries of the European Union. First, the current situation of the labour market is described, focusing on the recent developments since the breaking up of...
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