Financial Reform in Eastern Europe: Progress with the Wrong Model

Corbett, Jenny and Mayer, Colin (1991) Financial Reform in Eastern Europe: Progress with the Wrong Model. Oxford Review of Economic Policy, 7 (4). pp. 57-75.

Abstract

Eastern Europe is engaged in a massive programme of financial reform. This paper argues that while this programme has many desirable features, it has failed to address some of the most basic issues. These concern the relationship between the financial system and the enterprise sector, and the association suggests that there is a choice between financial systems that has not as yet been adequately considered and that it is far from evident that Eastern Europe is at present proceeding with the right model.

Item Type: Article
Keywords: Banking; Corporate Control; Eastern Europe; Financial Systems; Privatization; finance
Subject(s): Finance
Date Deposited: 26 Feb 2012 15:15
Last Modified: 24 Feb 2017 14:40
Funders: N/A
URI: http://eureka.sbs.ox.ac.uk/id/eprint/2534

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