Transition banking: financial development of Central and Eastern Europe

Anderson, R. W. & Kegels, C. (1998). Transition banking: financial development of Central and Eastern Europe. Oxford University Press.
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Transition Banking assesses the efforts since 1989 to develop financial sectors in the economies of Central and Eastern Europe. In finance above all, the principles of central planning were radically opposed to those of capitalism, and moving from one system to the other has required entirely new institutions and skills. This financial development is crucial to growth and to full partnership with the West.

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