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Development of non-banking sector in EU and Bulgaria

Author

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  • Nedelchev, Miroslav

Abstract

Article explores the development of non-banking sector in EU. The new institutional framework sets a new role for the financial intermediaries outside commercial banks. The analysis reveals macroeconomic issues which define the modern expectations to microeconomic players. The trend in Bulgaria follows dynamic processes in EU. In addition to European issues, Bulgarian ones include socio-demographic red tapes for non-banking sector.

Suggested Citation

  • Nedelchev, Miroslav, 2015. "Development of non-banking sector in EU and Bulgaria," MPRA Paper 64553, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:64553
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    File URL: https://mpra.ub.uni-muenchen.de/64553/1/MPRA_paper_64553.pdf
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    References listed on IDEAS

    as
    1. Richard S. Thorn, 1958. "Nonbank Financial Intermediaries, Credit Expansion, and Monetary Policy," IMF Staff Papers, Palgrave Macmillan, vol. 6(3), pages 369-383, November.
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      More about this item

      Keywords

      non-banking sector; insurance corporations; pension funds;
      All these keywords.

      JEL classification:

      • G2 - Financial Economics - - Financial Institutions and Services
      • G22 - Financial Economics - - Financial Institutions and Services - - - Insurance; Insurance Companies; Actuarial Studies
      • G23 - Financial Economics - - Financial Institutions and Services - - - Non-bank Financial Institutions; Financial Instruments; Institutional Investors

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