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European Union accession : opportunities and risks in Central European finances.

Author: European Commission.; World Bank.
Publisher: Washington, DC : World Bank, ©2000.
Series: European Union accession.
Edition/Format:   eBook : Document : EnglishView all editions and formats
Database:WorldCat
Summary:
The recent emerging market crises in Asia and other regions suggests that while international capital inflows can make recipient economies stronger, they can potentially also increase the vulnerability of these economies to financial market crises. Two of the most notable sources of vulnerability are the quality of domestic financial intermediation and the speculative nature of some investment flows. Opportunities  Read more...
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Details

Genre/Form: Electronic books
Case studies
Additional Physical Format: Print version:
European Union accession.
Washington, DC : World Bank, ©2000
(DLC) 00051333
Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: European Commission.; World Bank.
ISBN: 0585414963 9780585414966 6610086982 9786610086986 0821347128 9780821347126
OCLC Number: 50553142
Notes: "Co-sponsored by the European Commission and the World Bank."
Description: 1 online resource (xiv, 368 pages) : illustrations.
Series Title: European Union accession.

Abstract:

The recent emerging market crises in Asia and other regions suggests that while international capital inflows can make recipient economies stronger, they can potentially also increase the vulnerability of these economies to financial market crises. Two of the most notable sources of vulnerability are the quality of domestic financial intermediation and the speculative nature of some investment flows. Opportunities and Risks in Central European Finances examines the nature of capital flows in the region, seeking to explain its dynamics, and potential sources of vulnerability. The book also appraises some potential costs that could be associated with a financial crisis. Finally, it presents views on how to manage these risks more effectively.

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