附註:Includes bibliographical references and index.
1. Introduction: Financial Systems in Transition / Anna Meyendorff and Anjan Thakor -- 2. Banks' Bad Debts: Policies, Creditor Passivity, and Soft Budget Constraints / Janet Mitchell -- 3. On the Design of Bank Bailout Policy in Transition Economies / Philippe Aghion, Patrick Bolton and Steven Fries -- 4. Revisiting Hungary's Bankruptcy Episode / John Bonin and Mark E. Schaffer -- 5. Tax Avoidance and the Allocation of Credit / Anna Meyendorff -- 6. Franchise Value and the Dynamics of Financial Liberation / Thomas Hellmann, Kevin Murdock and Joseph Stiglitz -- 7. Bank Liquidity Provision and Capitol Regulation in Transition Economies / Gary Gorton and Andrew Winton -- 8. Financial System Reform in Emerging Economies: The Case of Romania / Anna Meyendorff and Anjan Thakor -- 9. Should Banks Have the Power to Enter All Financial Businesses? / Raghuram G. Rajan -- 10. Effects of Ownership by Investment Funds on the Performance of Czech Firms / Andrew Weiss and Georgiy Nikitin -- 11. Financial Conditions and Investment during the Transition: Evidence from Czech Firms / Lubomir Lizal and Jan Svejnar -- 12. Conglomeration in Banking: Incentives and Market Discipline / Arnoud Boot and Anjolein Schmeits -- 13. Financial Reallocation in Russian Groups / Enrico C. Perotti and Stanislav Gelfer.
摘要:"This collection examines the design of financial systems for central and eastern European countries engaged in the transition to market-based economies. It highlights the need for better approaches to measuring performance and providing incentives in banking and for financial mechanisms to encourage private-sector growth. Written by leading European and North American scholars, the essays apply modern finance theory and empirical data to the development of new financial sectors."--Jacket.
