Capital Markets and Non-bank Financial Institutions in Romania: Assessment of Key Issues and Recommendations for Development

World Bank

No 14867 in World Bank Publications - Books from The World Bank Group

Abstract: This study assesses key issues and recommendations for development, and reviews the specific changes which are necessary in four areas: structural reforms, market institutions, and infrastructure; accounting, transparency, and disclosure; market infrastructure; and credit enhancements. With only three years remaining before joining the European Union, Romania is working hard to improve its capital markets and non-bank financial institutions, which remain less developed than those in other accession countries. Strengthening these sectors has become a top priority for policymakers, whose primary objective is to ensure that the financial system is sufficiently developed to serve the growing demands of the Romanian economy.

Keywords: Finance; and; Financial; Sector; Development-Non; Bank; Financial; Institutions; Economic; Theory; and; Research; Banks; and; Banking; Reform; Finance; and; Financial; Sector; Development-Housing; Finance; Finance; and; Financial; Sector; Development-Financial; Intermediation (search for similar items in EconPapers)
Date: 2005
ISBN: 0-8213-6015-9
References: View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:wbk:wbpubs:14867

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