Process and effects of financial liberalization in transition countries: A selective literature survey | Zendy

Claude Berthomieu | Zendy; Anastasia Ri | Zendy

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Process and effects of financial liberalization in transition countries: A selective literature survey

Author(s) -

Claude Berthomieu,

Anastasia Ri

Publication year - 2009

Publication title -

panoeconomicus

Language(s) - English

Resource type - Journals

SCImago Journal Rank - 0.289

H-Index - 14

eISSN - 2217-2386

pISSN - 1452-595X

DOI - 10.2298/pan0904453b

Subject(s) - liberalization , economics , transition countries , sample (material) , financial sector , transition (genetics) , economic liberalization , international economics , financial system , monetary economics , finance , market economy , biochemistry , chemistry , chromatography , gene

This paper aims at reviewing selected literature on (1) structural financial changes observed in a large sample of transition economies in the Central and/or Oriental Europe during the last two decades, (2) efficiency of this financial liberalization in relative terms (in macroeconomic sense), and (3) impact of liberalization on financial problems of small and medium-size enterprises, a specific 'puzzle' concerning this very important economic sector as for its role in the employment and growth of these economies

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