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https://hdl.handle.net/1959.11/4274
Title: | Financial Policy in Transition Economics: Architecture, Pace and Sequencing | Contributor(s): | Akimov, Alexandr V (author); Dollery, Brian Edward (author) | Publication Date: | 2008 | DOI: | 10.2753/PET1061-1991500901 | Handle Link: | https://hdl.handle.net/1959.11/4274 | Abstract: | In the aftermath of the collapse of communism in Eastern Europe, transition economies faced acute problems in transforming their economic institutions to be compatible with a market economy, including the financial sector. This article explores some of the major problems involved in this transformation process posed by restructuring of the financial system and the pace and sequencing of financial reform. The article considers bank-dominated and market-oriented financial system design; "shock therapy" as against "gradualism" in reform; the scope of financial sector reforms and liberalization; and the optimum sequencing of financial sector liberalization | Publication Type: | Journal Article | Source of Publication: | Problems of Economic Transition, 50(9), p. 6-26 | Publisher: | ME Sharpe, Inc | Place of Publication: | United States of America | ISSN: | 1557-931X 1061-1991 |
Fields of Research (FoR) 2008: | 149901 Comparative Economic Systems | Socio-Economic Objective (SEO) 2008: | 910199 Macroeconomics not elsewhere classified | Peer Reviewed: | Yes | HERDC Category Description: | C1 Refereed Article in a Scholarly Journal |
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Appears in Collections: | Journal Article |
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