The Role of Financial Institutions in the Transition to a Market Economy:
Financial institutions intermediate between savers and investors and contribute to corporate governance. Equity and bond markets in the former centrally planned economies are not yet in a position adequately to provide these services. It is not yet clear that investment funds will provide the necess...
Gespeichert in:
1. Verfasser: | |
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Washington, D.C
International Monetary Fund
1993
|
Schriftenreihe: | IMF Working Papers
Working Paper No. 93/75 |
Online-Zugang: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext |
Zusammenfassung: | Financial institutions intermediate between savers and investors and contribute to corporate governance. Equity and bond markets in the former centrally planned economies are not yet in a position adequately to provide these services. It is not yet clear that investment funds will provide the necessary financing and corporate management. Therefore the first priority for financial sector reforms must be to establish a healthy commercial banking sector. Banks are the most promising source of financing, provide payment services which are crucial to both the real and financial sectors and, by monitoring the use of loaned funds, will be the primary source of corporate governance during the transformation to a market economy |
Beschreibung: | 1 Online-Ressource (50 p) |
ISBN: | 1451849656 9781451849653 |
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spelling | Spencer, Michael G. Verfasser aut The Role of Financial Institutions in the Transition to a Market Economy Spencer, Michael G Washington, D.C International Monetary Fund 1993 1 Online-Ressource (50 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 93/75 Financial institutions intermediate between savers and investors and contribute to corporate governance. Equity and bond markets in the former centrally planned economies are not yet in a position adequately to provide these services. It is not yet clear that investment funds will provide the necessary financing and corporate management. Therefore the first priority for financial sector reforms must be to establish a healthy commercial banking sector. Banks are the most promising source of financing, provide payment services which are crucial to both the real and financial sectors and, by monitoring the use of loaned funds, will be the primary source of corporate governance during the transformation to a market economy Online-Ausg Blommestein, H. J. Sonstige oth http://elibrary.imf.org/view/IMF001/07267-9781451849653/07267-9781451849653/07267-9781451849653.xml Verlag URL des Erstveröffentlichers Volltext |
spellingShingle | Spencer, Michael G. The Role of Financial Institutions in the Transition to a Market Economy |
title | The Role of Financial Institutions in the Transition to a Market Economy |
title_auth | The Role of Financial Institutions in the Transition to a Market Economy |
title_exact_search | The Role of Financial Institutions in the Transition to a Market Economy |
title_exact_search_txtP | The Role of Financial Institutions in the Transition to a Market Economy |
title_full | The Role of Financial Institutions in the Transition to a Market Economy Spencer, Michael G |
title_fullStr | The Role of Financial Institutions in the Transition to a Market Economy Spencer, Michael G |
title_full_unstemmed | The Role of Financial Institutions in the Transition to a Market Economy Spencer, Michael G |
title_short | The Role of Financial Institutions in the Transition to a Market Economy |
title_sort | the role of financial institutions in the transition to a market economy |
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