The Development of the Financial Sector in Southeast Europe: by Ingrid Matthäus-Maier, J. D. Pischke
By Ingrid Matthäus-Maier, J. D. Pischke
KfW has been assigned accountability by means of the German executive and several donors for tasks designed to reconstruct the monetary landscapes of Southeast Europe. those actions are well-known as fairly winning in construction sustainable monetary associations that serve the small finish of the marketplace, with targeted emphasis on microenterprise and small company. The KfW-managed tasks have contributed to the final balance of monetary sectors and to monetary restoration and progress via employment construction and funding. This ebook reports adventure won and analyses the explanations for the successes completed, recommendations for extra development, and scope for replicability in different transition and constructing economies. a very fascinating characteristic is that fairly small quantities of public money can catalyse monetary markets in unstable environments.
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Extra resources for The Development of the Financial Sector in Southeast Europe: Innovative Approaches in Volatile Environments
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Org. -P. (2002). ‘Sustainable Microfinance Banks – Problems and Perspectives’, Paper prepared for the KfW symposium on ‘Innovative approaches to financial sector development in volatile environments’, Berlin 7-8 November 2002. PART II: Innovative Approaches to Building Financial Sectors in Southeast Europe Introduction to Part II How can a capital base be created in transition economies when financial markets are insufficiently capitalised, unable to correlate risk and yield efficiently, hampered by conflicts of interest, or if they fail to seize market potential?