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7 The Role of Financial Institutions in the Transition to a Market Economy »
Source: Building Sound Finance in Emerging Market Economies : Proceedings of a Conference held in Washington, D.C., June 10-11, 1993
Series: Books
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 15 June 1994
ISBN: 9781557753809
Keywords: credit, banking, payments, payment system, banking system
Policymakers in the formerly centrally planned economies face the formidable task of creating functioning market economies in environments in which market mechanisms have been suppr...
11 Credit Market Imperfections and Output Response in Previously Centrally Planned Economies »
Source: Building Sound Finance in Emerging Market Economies : Proceedings of a Conference held in Washington, D.C., June 10-11, 1993
Series: Books
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 15 June 1994
ISBN: 9781557753809
Keywords: credit, banking, payments, payment system, banking system
Introduction The reform programs launched in Central and Eastern Europe and in the former Soviet Union have been accompanied by a sharp, and partly unexpected, fall in output (Chart...
5 Payment System Reform in Formerly Centrally Planned Economies »
Source: Building Sound Finance in Emerging Market Economies : Proceedings of a Conference held in Washington, D.C., June 10-11, 1993
Series: Books
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 15 June 1994
ISBN: 9781557753809
Keywords: credit, banking, payments, payment system, banking system
A payment system capable of speedy settlement of transactions in goods, services, and basic securities is a linchpin of a functioning market economy. Measures to ensure the integrit...
13. Roundtable on Financial Reforms and Their Implementation »
Source: Building Sound Finance in Emerging Market Economies : Proceedings of a Conference held in Washington, D.C., June 10-11, 1993
Series: Books
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 15 June 1994
ISBN: 9781557753809
Keywords: credit, banking, payments, payment system, banking system
In this roundtable, we have been asked to address three basic questions that arose in the various sessions of the conference: How to handle the issue of bank portfolios or how to de...
2 Financial and Enterprise Restructuring in Emerging Market Economies »
Source: Building Sound Finance in Emerging Market Economies : Proceedings of a Conference held in Washington, D.C., June 10-11, 1993
Series: Books
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 15 June 1994
ISBN: 9781557753809
Keywords: credit, banking, payments, payment system, banking system
Building sound financial systems is fundamental to developing viable market economies where central planning once prevailed. In a market economy, it is the financial system that cha...
1 Introduction »
Source: Building Sound Finance in Emerging Market Economies : Proceedings of a Conference held in Washington, D.C., June 10-11, 1993
Series: Books
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 15 June 1994
ISBN: 9781557753809
Keywords: credit, banking, payments, payment system, banking system
Building a sound, efficient financial system is at the heart of the transformation from central planning to a market economy. The vital function that the financial system performs i...
8 Strengthening the Russian Banking System: The International Standard Banks Program »
Source: Building Sound Finance in Emerging Market Economies : Proceedings of a Conference held in Washington, D.C., June 10-11, 1993
Series: Books
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 15 June 1994
ISBN: 9781557753809
Keywords: credit, banking, payments, payment system, banking system
In Russia, financial reform has lagged behind privatization. Concern is now developing that the advantages of privatization may be reduced and the economic recovery slowed by the ab...
4 Financial Underdevelopment and Macroeconomic Stabilization in Russia »
Source: Building Sound Finance in Emerging Market Economies : Proceedings of a Conference held in Washington, D.C., June 10-11, 1993
Series: Books
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 15 June 1994
ISBN: 9781557753809
Keywords: credit, banking, payments, payment system, banking system
Macroeconomic stabilization has proved to be one of the most problematic aspects of the transition in Russia. This fact is troubling because macroeconomic stabilization is merely a...