Comparative in structure and covering an extensive number of transition countries in its survey, this comprehensive book overviews the development of the banking systems in Central and Eastern European since the communist era until the present time.

Taking in a range of countries including Hungary, Poland, Czech Republic, Slovakia, Bulgaria, Romania, Croatia, Russia, Ukraine, Belarus, Kazakhstan, Uzbekistan, Barisitz - an economist with the Central Bank of Austra - analyzes the evolution of legal foundations, banking supervision, banks' major sources of assets, liabilities, earnings and related changes, banking crises, restructuring, rehabilitation programs, the role of foreign-owned banks and FDI.

A significant publication, it is fascinating reading for all those studying and working in the areas of transition economy, macro and monetary economy and economic history

Reviews

'A thorough and up to date study of financial sector reform in transition economies with a particular focus on banking.' Philip Mullineux, Professor of Global Finance, Birmingham Business School

'Stephan Barisitz analyzes how the Central and Eastern European banking systems came fully under the sway of foreign strategic investors, what this caused, and what other developing regions can learn from this.' Neue Zurcher Zeitung (Switzerland)

'This is a book that everyone dealing with banking in Central and Eastern Europe should read. It's not only a treasury of detailed data and facts, but also gives valuable information on the status quo and the near future.' Bank-Archiv (Austrian Society for Bank Research)

'The detailled knowledge presented in the form of a synthesis is really impressive, which shows how much Barisitz is an expert in analyzing banking sector evolution, reform and transformation throughout Central and Eastern Europe.' Wladimir Andreff, Professor of Economics, Universite de Paris I Pantheon Sorbonne, President of the French Economic Association

'This in-depth comparative study is well suited for scientists and students who deal with banking in the transition economies. It also provides a perspective for interpreting the entire transformation process in Central and Eastern Europe.' Professor Peter Gal, Chief Economist of the Hungarian Development Bank, Chairman of the Quarterly Hungarian Economic Review, Development and Finance

'The information and analysis in this book provide a most helpful guide to understanding the important policy choices yet to be made in transitioning countries as well as in developing and emerging market economies.'
John P. Bonin, Chester D. Hubbard Professor of Economics and Social Science, Editor, Journal of Comparative Economics, 1996-2006

Book Information
ISBN 9780415512671
Author Stephan Barisitz
Format Paperback
Page Count 224
Imprint Routledge
Publisher Taylor & Francis Ltd
Weight(grams) 410g