Membership of the European Union on 1 May 2004 will undoubtedly have a major effect on the course of political developments in the countries of central Europe, although it is difficult to predict any particular consequences for, or direct impact on, the party systems of the region. Analysis of...

This paper presents a brief overview of developmentscurrently taking place in the Australian banking sectorrelating to the measurement and management of creditrisk. Section I provides, as background, a sketch of thestructure of banking in Australia. Section II considers someof the forces...