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Financial Intermediation in the New Europe - Banks, Markets and Regulation in EU Accession Countries (Hardcover, illustrated edition)
Loot Price: R3,945
Discovery Miles 39 450
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Financial Intermediation in the New Europe - Banks, Markets and Regulation in EU Accession Countries (Hardcover, illustrated edition)
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What role will the current evolution of banking systems play in the
newly adopted EU countries during the historic challenges following
enlargement? This book, a blend of economics and political economy,
offers a systematic analysis of the current trends in financial
intermediation in the countries of the newly enlarged Europe, with
particular focus on those policies taken by foreign banks on the
one hand, and by regulatory and supervisory authorities on the
other. The authors argue that their research has led to one
conclusion; in order to enter the EU, the accession countries
needed to increase the efficiency of their economic systems rapidly
through liberalization and privatization. The book assesses whether
the presence of foreign banks will contribute to long term economic
growth and financial stability, and how the architecture of banking
regulations and supervision should be designed. As a
multidisciplinary work, though principally economics, the book will
appeal to scholars and academics of politics and law. It also has
particular relevance for regulators and supervisory institutions,
as well as professionals including bankers, financial operators and
also legal compliance officers.
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