The countries of Central and Eastern Europe have been through a profound transition process for more than a decade now. The financial sectors and markets in the region have been subject to major structural reforms including privatization, liberalization and the acquisition by foreign banks of controlling interests in local financial institutions. This important new book includes papers that chart this process. Topics discussed include the implications of future EU membership, and the strategies pursued by the World Bank and International Monetary Fund.

About the Author

Morten Balling is Professor of Finance at the Aarhus School of Business, Denmark
Frank Lierman is Chief Economist at Dexia Bank, Belgium
Andy Mullineux is Professor of Global Finance and Director of the Global Finance Research Group at the Birmingham Business School, University of Birmingham

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