Sources of Financing Private Investment in East European Countries

Dimitri Shemetilo
Additional contact information
Dimitri Shemetilo: The Center for Economic Research Graduate Education (CERGE-EI)

No 26, East European Series from Institute for Advanced Studies

Abstract: While the savings of enterprises still represent the main source of investment capital, the relative share of this source is decreasing over time and the role of banking credit as a source of private investment is increasing in the case of the Czech Republic, Slovakia and Poland, (while Hungary investment still rely on foreign sources and self-financing). One can conclude that the role of the banking system increases with the growing share of banking credit in private investments and consequently in these countries we can expect an increase of the banks' influence on industrial restructuring, since a growth of banking credits financing investment gives commercial banks more power to control and monitor enterprises.

Pages: 11 pages
Date: 1995-09
References: Add references at CitEc
Citations:

Downloads: (external link)
https://irihs.ihs.ac.at/id/eprint/860 First version, 1995 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ihs:ihsrop:26

Ordering information: This working paper can be ordered from
Institute for Advanced Studies - Library, Josefstädterstr. 39, A-1080 Vienna, Austria

Access Statistics for this paper

More papers in East European Series from Institute for Advanced Studies Josefstädterstr. 39, A-1080 Vienna, Austria. Contact information at EDIRC.
Bibliographic data for series maintained by Doris Szoncsitz ().