TY  - BOOK
AU  - Borish, Michael S
AU  - Ding, Wei
AU  - Nol͡, Michel
ED  - Banco Mundial
TI  - On the road to EU accession: financial sector development in Central Europe 
T2  - World Bank discussion paper
SN  - 0-8213-3800-5
U1  - 332.10947 
PY  - 1996///
CY  - Washington, D.C.
PB  - World Bank
KW  - INSTITUCIONES FINANCIERAS
KW  - OPERACIONES BANCARIAS
KW  - MERCADO DE CAPITALES
KW  - COMUNIDADES EUROPEAS
KW  - EUROPA CENTRAL Y ORIENTAL
KW  - ACTIVIDAD BANCARIA
KW  - ENTIDADES FINANCIERAS
N1  - Incluye bibliografía; Foreword -- Abstract -- Acknowledgments -- Acronyms and abbreviations -- 1. The evolution of the banking sector during transition -- 2. The role of the banking sector in the recovery -- 3. Restructuring the banking sector --4. Strengthening bank supervision and intervention -- 5. The evolution of the capital markets -- 6. Financial sector integration: Central Europe and the European Union -- Bibliography -- Boxes -- Tables
N2  - This paper focuses on financial sector reforms in the Czech Republic, Hungary, Poland, Slovak Republic and Slovenia. The paper reviews competitive trends in different banking markets; the impact of restructuring on financial intermediation rates, interest rates, and economic growth; efforts to restructure and recapitalize banks by varying methods, and their demonstrated costs and benefits; changes in the legal and regulatory framework, and the impact this has had on bank supervision; capital markets development and the role played by institutional investors; and where each of the countries stands relative to European Union (EU) requirements for financial sector integration. The paper attempts to provide a detailed assessment of what has been achieved prior to membership in the EU, and what remains to be accomplished for successful financial sector integration between these Central European countries and the EU market
ER  -