Public and Financial Institutions in Transition Economies: An Overview and Recent Evidences from Central and Eastern Europe

Cristian Dragos, Daniela Beju and Simona Dragos
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Cristian Dragos: Babes-Bolyai University, Romania
Daniela Beju: Babes-Bolyai University, Romania
Simona Dragos: Babes-Bolyai University, Romania

Managing Global Transitions, 2009, vol. 7, issue 2, 147-170

Abstract: This article is a survey of economic literature about the public and financial institutions in countries with transition economies. It also presents some particularities within the countries from Central and Eastern Europe. We investigate the factors that influence a certain institutional architecture and the impact of those institutions on several economic aspects such as growth, trade, corruption, stock markets, inflation, unemployment, etc. For the financial sector we investigate some specific problems: stock markets, deposit insurance, central bank and credit market, consolidation, globalization and international investment in financial services.

Keywords: institutions; transition; economic reform; Central and Eastern Europe (search for similar items in EconPapers)
JEL-codes: P33 P34 (search for similar items in EconPapers)
Date: 2009
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