Models of Financial Integration: The Experience of the Baltics and Central Eastern Europe

Lucio Vinhas de Souza

Chapter Chapter 6 in Does EU Membership Facilitate Convergence? The Experience of the EU's Eastern Enlargement - Volume II, 2021, pp 115-130 from Palgrave Macmillan

Abstract: Abstract Building on Vinhas de Souza (and Vinhas de Souza and Tudela), this chapter briefly describes the historical process of financial liberalization and integration of Baltic and Central European Countries (BCECs) since the 1990s. It investigates the hypotheses that the type of financial integration chosen by the BCECs played an important role in enabling liberalization to deliver welfare-enhancing outcomes.

Keywords: Enlargement; European Union; Financial liberalization; Booms; Busts; Cycles; Volatility; F02; F30; F32; F33; F34; F36; G15; P20 (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:pal:stuchp:978-3-030-57702-5_6

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DOI: 10.1007/978-3-030-57702-5_6

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