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Financial Systems in Transition:A Flow of Analysis Study of Financial Evolution in Eastern Europe and Central Asia

Editor

Listed:
  • Alexander E Fleming
    (The World Bank, DCWashington)

  • Marcelo M Giugale
    (The World Bank, DCWashington)

Abstract

It is now ten years since the former Soviet Union collapses and the countries of Europe and Central Asia abandoned central planning. Enough experience has accumulated to allow a more reflective study of the transition period. One of the most critical elements of the transition to a market-based economy has been the establishment of the institutions and markets that constitute a financial system. This book examines financial transition through the lens of flow of funds accounts. These accounts have been used in the OECD countries for many years as an aid in analyzing money flows around their financial systems. This is the first time, however, that an attempt has been made to interpret financial transition from this perspective and it has yielded what the authors consider to be new, useful insights into the processes.

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Suggested Citation

  • Alexander E Fleming & Marcelo M Giugale (ed.), 2000. "Financial Systems in Transition:A Flow of Analysis Study of Financial Evolution in Eastern Europe and Central Asia," World Scientific Books, World Scientific Publishing Co. Pte. Ltd., number 4512.
    • Handle: RePEc:wsi:wsbook:4512
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