Capital Markets And Financial Intermediation In The Baltics


Capital Markets And Financial Intermediation In The Baltics
DOWNLOAD
FREE 30 Days

Download Capital Markets And Financial Intermediation In The Baltics PDF/ePub or read online books in Mobi eBooks. Click Download or Read Online button to get Capital Markets And Financial Intermediation In The Baltics book now. This website allows unlimited access to, at the time of writing, more than 1.5 million titles, including hundreds of thousands of titles in various foreign languages. If the content not found or just blank you must refresh this page





Capital Markets And Financial Intermediation In The Baltics


Capital Markets And Financial Intermediation In The Baltics
DOWNLOAD
FREE 30 Days

Author : Niamh Sheridan
language : en
Publisher: International Monetary Fund
Release Date : 2004-01-14

Capital Markets And Financial Intermediation In The Baltics written by Niamh Sheridan and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004-01-14 with Business & Economics categories.


In just over a decade after independence, the three Baltic countries, Estonia, Latvia, and Lithuania, have transformed themselves into fully functioning, small open-market economies that will be joining the European Union. Capital Markets and Financial Intermediation in The Baltics analyzes the financial systems of the three countries and discusses some of their unique characteristics. The study also examines current distortions of the systems and discusses whether or not the Baltics should move from an almost exclusively bank-based system to one that relies more on capital markets. In the process, it addresses issues of corporate governance and regional integration.



Capital Markets And Financial Intermediation In The Baltic States


Capital Markets And Financial Intermediation In The Baltic States
DOWNLOAD
FREE 30 Days

Author : International Monetary Fund
language : en
Publisher: INTERNATIONAL MONETARY FUND
Release Date : 2003-04-28

Capital Markets And Financial Intermediation In The Baltic States written by International Monetary Fund and has been published by INTERNATIONAL MONETARY FUND this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003-04-28 with categories.


This paper analyzes the capital markets and financial intermediation in the Baltic States. It provides a comprehensive overview of the structure and level of development of the financial system, discussing some of the unique characteristics of the Baltics, such as leasing; and comparing the structure of the Baltic financial systems to other European Union accession countries and/or euro zone averages, both of which serve as benchmarks. The paper also addresses some of the broader analytical questions concerning how the financial system might be developed in the Baltics.



The Baltic Countries


The Baltic Countries
DOWNLOAD
FREE 30 Days

Author : Mr.Julian Berengaut
language : en
Publisher: International Monetary Fund
Release Date : 1998-11-25

The Baltic Countries written by Mr.Julian Berengaut and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 1998-11-25 with Business & Economics categories.


Are the three Baltic countries, Latvia, Estonia, and Lithuania, ready for accession to the European Union? Have their economies overcome the problems of transition? The answers to these questions and their implications for policy are provided in this collection of analyses. Rather than a country-by-country description, the volume provides a cross-country perspective of developments from 1994 through mid-1997. The seven sections of this paper discuss recent macroeconomic and structural policies, exchange rate regimes, fiscal issues, financial systems, private sector development, and accession to the European Union.



Capital Markets And Financial Intermediation


Capital Markets And Financial Intermediation
DOWNLOAD
FREE 30 Days

Author : Colin P. Mayer
language : en
Publisher:
Release Date : 1995

Capital Markets And Financial Intermediation written by Colin P. Mayer and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1995 with Capital market categories.




Financial Sector Reform And Banking Crises In The Baltic Countries


Financial Sector Reform And Banking Crises In The Baltic Countries
DOWNLOAD
FREE 30 Days

Author : International Monetary Fund
language : en
Publisher: International Monetary Fund
Release Date : 1996-12-01

Financial Sector Reform And Banking Crises In The Baltic Countries written by International Monetary Fund and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 1996-12-01 with Business & Economics categories.


Financial sector reform in the Baltic countries is reviewed in light of the banking crises that emerged during the reform period. It is argued that the crises had their roots in the structural deficiencies specific to planned economies and the financial environment that developed before and after these countries regained their independence, thus rendering them largely inevitable. Because of the low level of financial intermediation, however, even the failure of large banks had limited systemic effects and a minor negative impact on output and incomes. The crises slowed down the financial reform process, but brought about a desired consolidation of the banking sector.



Financial Sector Reform And Banking Crises In The Baltic Countries


Financial Sector Reform And Banking Crises In The Baltic Countries
DOWNLOAD
FREE 30 Days

Author : Marta de Castello Branco
language : en
Publisher:
Release Date : 1996

Financial Sector Reform And Banking Crises In The Baltic Countries written by Marta de Castello Branco and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1996 with Banking law categories.




Managing Capital Flows In Estonia And Latvia


Managing Capital Flows In Estonia And Latvia
DOWNLOAD
FREE 30 Days

Author : Pekka Sutela
language : en
Publisher:
Release Date : 2007

Managing Capital Flows In Estonia And Latvia written by Pekka Sutela and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007 with categories.


The three Baltic countries have been able to combine, Estonia since 1992 and Latvia and Lithuania since 1994, (1) a fixed exchange rate, (2) liberalisation of the capital account before having a well-functioning and fully supervised financial system, and (3) very large current account deficits. At the same time they have gone through deep structural and institutional change, which has been even faster than in several other transition economies. How have they been able to manage such a combination of characteristics that would usually be regarded inconsistent? The answer is not in clever management or control of financial markets combined with sound fundamentals. Rather, the Baltic countries have lacked several such markets that might be sources of instability. There are hardly any inter-bank markets. Public debt is absent or relatively very small. After the boomlet of 1997, the Baltic stock exchanges have generally hibernated. Banking crises have been recurrent. Not only are these economies extremely small, their degree of monetisation is very low. There are very few assets and markets for speculative capital flows. Partially, this reflects sound fundamentals, but mostly it is an unintended consequence of policy decisions. One cannot expect the experience to be easily repeated in other countries.



Growth And Poverty Reduction In Armenia


Growth And Poverty Reduction In Armenia
DOWNLOAD
FREE 30 Days

Author : Ms.Laure Redifer
language : en
Publisher: International Monetary Fund
Release Date : 2005-11-09

Growth And Poverty Reduction In Armenia written by Ms.Laure Redifer and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005-11-09 with Business & Economics categories.


Since 2000, Armenia's economic performance has been remarkable. Real economic growth has averaged 11 percent a year, annual inflation has averaged 3 percent, and poverty and inequality have fallen. The country has outperformed other low-income countries including other members of the Commonwealth of Independent States. This is particularly impressive given the geographical location of Armenia, the closure of two critical borders, and occasional political turmoil. The key factors behind Armenia's economic performance are prudent monetary and fiscal policies, liberal trade and foreign exchange regimes, rapid and relaively well-sequenced structural reforms, and support from the Armenian diaspora. In addition, the implementation of a poverty reduction strategy since 2002 has complemented the effect of economic growth on reducing poverty. This book assesses the country's economic transformation during the last 10 years and discusses the challenges to sustaining these successes.



Development Of Non Bank Financial Institutions And Capital Markets In European Union Accession Countries


Development Of Non Bank Financial Institutions And Capital Markets In European Union Accession Countries
DOWNLOAD
FREE 30 Days

Author : Marie-Renée Bakker
language : en
Publisher: World Bank Publications
Release Date : 2004

Development Of Non Bank Financial Institutions And Capital Markets In European Union Accession Countries written by Marie-Renée Bakker and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004 with Capital market categories.




Private Pensions Series Pension Reform In The Baltic Countries


Private Pensions Series Pension Reform In The Baltic Countries
DOWNLOAD
FREE 30 Days

Author : OECD
language : en
Publisher: OECD Publishing
Release Date : 2004-04-08

Private Pensions Series Pension Reform In The Baltic Countries written by OECD and has been published by OECD Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004-04-08 with categories.


This publication contains individual country reports, comparative analysis from a regional perspective and examines key policy issues in the private pension sector in the Baltics.