 THE CHANGE FROM A COMMAND-TO A MARKET BANKING SYSTEM IN THE CASES OF SELECT GROUPS OF EUROPEAN COUNTRIESElena Stavrova ()
CBU International Conference Proceedings, 2019, vol. 7, issue 0, 308-314 Abstract: In this article, the general stages of the banking sector’s transition to a free market are examined in the countries of Central and Eastern Europe and the effects of the last crisis on the financial and economic system of these countries. The process of this change is different and is important for their integration into the common European banking market, as well as their influence on the development of the economies of these countries as a whole. Therefore, the objectives of this study are to compare the processes of change in organizational structure and the difficulty of integrating these banking sectors with the banking sectors of Western European countries. The focus is also on assessing the impact of the global financial and economic crisis on their sustainable development. The databases of the World Bank and the International Monetary Fund have been used to establish a common pattern in some sectors - the growth of non-performing loans during the crisis, it also implies a concerted effort to overcome this important indicator of their sustainability and behavior. Keywords: Post-crisis period; development of fin. companies; the banking sector’s challenges in the crises. (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:aad:iseicj:v:7:y:2019:i:0:p:308-314 Access Statistics for this article More articles in CBU International Conference Proceedings from ISE Research Institute |
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