The decade 1990â2000 has been considered as the most crucial and risky for the future development of all Balkan countries, passing from centrally planned to open economies. This paper examines the status of the banking sector and the prevailing conditions in the embryonic financial markets, compared to the suggested policies put forward. Almost all Balkan countries have got over acute problems generated by the transformation of their economies. The parallel development of internal and external trade offered new possibilities for expansion of banking operations, while it contributed directly to the creation of foreign exchange markets. The institutional framework of the operation of banks was created on the basis of Western European models. Foreign banks entered in all bank markets, bringing with them financial know-how, sophisticated IT application, investment resources, and more advanced risk-assessment methods.
Download Info
To download:
If you experience problems downloading a file, check if you have the
proper application to
view it first. Information about this may be contained
in the File-Format links below. In case of further problems read
the IDEAS help
page. Note that these files are not on the IDEAS
site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Volume (Year): 2 (2007) Issue (Month): 1 (January) Pages: 100-117 Download reference. The following formats are available: HTML
(with abstract),
plain text
(with abstract),
BibTeX,
RIS (EndNote, RefMan, ProCite),
ReDIF