Development of Non-Bank Financial Institutions and Capital Markets in European Union Accession Countries by Marie-Renee Bakker & Alexandra Gross

Development of Non-Bank Financial Institutions and Capital Markets in European Union Accession Countries This study assesses the role of non-bank financial institutions and capital markets in the financial sectors of the eight first wave EU accession countries (Poland, Hungary, the Czech Republic, Slovakia, Estonia, Latvia, Lithuania and Slovenia), the current state of development and prospects for future growth, and the likely impact on these segments of the financial system of accession to the EU. Throughout the paper, the level of development of non-bank financial institutions and capital markets in the accession countries is benchmarked against comparable development levels seen in existing EU member states. The paper concludes with a series of policy recommendations to facilitate future development of non-bank forms of financial intermediation.
Author(s) : Format : Paperback Book
ISBN-10 : 0821357883 ISBN-13 : 9780821357880
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Product Details:

Series Title : World Bank Working Paper

Country Publication : United States

Publication Date : 31/03/2004

Publisher : World Bank Publications

Page Length : 32mm

Page Size : 252mm