A note on book covers: while we do our best to ensure the accuracy of cover images, ISBNs may at times be reused for different editions of the same title which may hence appear as a different cover.
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The Role of Financial Markets in the Transition Process
Financial Markets play an important role in economic development, channeling saving to investments and facilitating growth. In Eastern Europe, financial markets were initially much underdeveloped, and lacked the skills and infrastructure they needed to be efficient, having not acquired them in the pre-transition era. The book offers both theoretical and empirical analysis of financial markets in transitional economies. It investigates financial markets in Hungary, the Czech Republic, and Poland, and their role in the developments in the 1990s.
A note on book covers: while we do our best to ensure the accuracy of cover images, ISBNs may at times be reused for different editions of the same title which may hence appear as a different cover.
Analyzes financial markets' vital role in economic transitions.
Who is this book for?
If you're interested in the intricacies of how financial systems evolve during major economic shifts, this book offers a thorough analysis. It dives into real-world examples from Eastern Europe, which makes complex concepts more tangible and relevant. It's particularly compelling for readers who want to see the practical impact of financial infrastructure on growth and development.
