emphasis on four relatively large Balkan countries (Bulgaria, Croatia, Romania, Serbia and Montenegro). Two “banking reform …

the real and financial sector in Poland, the positive link going from the real sector towards the private credit … explain those particularities by the different methods of banking sector privatization, the different approaches for solving …

addition, rapid progress in bank privatization and consolidation took place in the late 1990s and early 2000s, usually with the … wide range of services with solid bank performance. Recently, banks have switched their focus from lending to enterprises …

This paper takes stock of the current state of development of the financial systems in five Central European transition …. It presents both a progress report and an assessment of remaining challenges, with a focus on the role of the financial …

influence as revealed by the global financial crisis. This paper explains this with the governance of finance, i.e., the … allocation of de jure and de facto responsibilities for financial systems, which deprives host countries of capital flows of … critical policy tools. -- financial regulation ; global finance ; home-host country regulation …

the CEE countries lag behind the most developed financial systems in the EU, but are very close to the levels in the …

the CEE countries lag behind the most developed financial systems in the EU, but are very close to the levels in the … financially less developed EU countries. -- financial intermediation ; transition economies ; banking sector's size …

Since the late 1990s financial strategies for opening Eastern European markets and entry strategies of foreign banks in … results on the macro level? Does this credit growth contribute to financial and economic development or is there a risk of a … transition-driven overshooting? We review the literature and empirical studies on financial development, credit growth and …