The New Capital Markets in Central and Eastern Europe

It is the aim of this study to assess the effects of the EU enlargement on the capital markets in the most advanced countries of Central and Eastern Europe (CEE) and Russia and to analyse the impacts on the interactions between Eastern and Western capital markets due to the integration process. Ther...

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Bibliographic Details
Other Authors: Schröder, Michael (Editor)
Format: eBook
Language:English
Published: Berlin, Heidelberg Springer Berlin Heidelberg 2001, 2001
Edition:1st ed. 2001
Subjects:
Online Access:
Collection: Springer Book Archives -2004 - Collection details see MPG.ReNa
Table of Contents:
  • 1 Economic Background
  • 1.1 Macroeconomic Developments and Public Finances
  • 1.2 Success of Privatisation in CEE Countries
  • 1.3 Monetary Policy and Banking Systems
  • 1.4 Exchange Rate Arrangements in Transitional Economies
  • 2 The Emerging Regulatory Framework for Banking and Securities Markets in the CEECs
  • 3 Market Structures and Developments
  • 3.1 Main Features of the Markets
  • 3.2 The Role of Institutional Investors in Equity and Bond Markets
  • 4 The Information Efficiency of the Stock Markets in Central and Eastern Europe
  • 5 Transformation of External Shocks and Capital Market Integration
  • 6 Integration in the European Capital Markets
  • 6.1 The Central and Eastern European Countries on their Way to EU Membership
  • 6.2 Effects of the Capital Account Liberalisation in Central and Eastern European Countries
  • 6.3 Effects of new Exchange Rate Arrangements on CEE Capital Markets
  • 6.4 Public Finance in CEE Countries
  • 6.5 Future Adjustments in the Banking Systems
  • 6.6 Effects of the Integration Process on the Capital Markets in Russia
  • 7 Outlook and Perspectives: The Future Role of CEE Capital Markets in the European Capital Markets
  • 7.1 The Future Role of Capital Markets in Central and Eastern Europe for the Domestic Economy
  • 7.2 Investments in CEE Capital Markets: Benefits from Diversification and Optimal Portfolios
  • 7.3 Competition between Western and Eastern European Equity Markets
  • 8 Country Summaries
  • List of Authors