Transforming Financial Systems in the Baltics, Russia and Other Countries of the Former Soviet Union

Books, May 6, 1999

Source details

Canonical URL

Transforming Financial Systems in the Baltics, Russia and Other Countries of the Former Soviet Union

Other formats

• Markdown version
• Structured JSON version
• Bundle manifest

Bibliographic details

• Authors: Robert T Price, Malcolm D. Knight, Arne B. Petersen
• Published: May 6, 1999
• Series: Books
• DOI: https://doi.org/10.5089/9781557757982.071

Overview

• In 1991, the Baltics, Russia and other countries of the former Soviet Union set out on the road to establishing market economies by liberalizing prices, dismantling the instruments of central planning, and initiating a process of fundamental structural reforms.
• Since then these 15 countries have taken substantial steps toward achieving macroeconomic stabilization, and are well advanced in many areas of the transformation to market economies.
• Considerable progress has been made in developing market-oriented financial structures.
• This volume focuses more narrowly on progress achieved in the area of market-oriented central bank and financial system reforms.
• Edited by Malcolm Knight, Arne B. Petersen, and Robert T. Price.

Key findings and themes

• Transition milestones:
  • Price liberalization and dismantling of central planning instruments beginning in 1991.
  • Substantial steps toward macroeconomic stabilization across 15 countries.
  • Advanced progress in many areas of market economy transformation.
• Financial sector progress:
  • Considerable development of market-oriented financial structures.
  • Emphasis on market-oriented central bank reforms.
  • Emphasis on financial system reforms to support market economies.

Focus and scope

• Narrow topical focus on central bank and financial system reforms within the broader transformation to market economies in post-Soviet countries.
• Geographic scope: the Baltics, Russia, and other countries of the former Soviet Union (15 countries).

Subjects and keywords

• Subject: Bank deposits, Banking, Commercial banks, Credit, Exchange rates, Financial institutions, Fiscal accounting and reporting, Foreign exchange, Money, Treasury bills and bonds
• Keywords: accounting reform, audit reform, Baltics, bank, BOOK, central bank, central bank accounting, Commercial banks, country, country ranking, Credit, Exchange rates, government securities market, market, payment, Treasury bills and bonds

Transforming Financial Systems in the Baltics, Russia and Other Countries of the Former Soviet Union, Robert T Price, Malcolm D. Knight, and Arne B. Petersen; May 6, 1999; DOI: https://doi.org/10.5089/9781557757982.071