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 a 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.
| ISBN: | 9783790800043 |
| Publication date: | 10th January 2003 |
| Author: | Emilio Colombo, John Driffill |
| Publisher: | Physica an imprint of Physica-Verlag HD |
| Format: | Paperback |
| Pagination: | 228 pages |
| Series: | Contributions to Economics |
| Genres: |
Macroeconomics Political economy Finance and the finance industry |