European Union accession : opportunities and risks in Central European finances
The recent emerging market crises in Asia and other regions suggests that while international capital inflows can make recipient economies stronger, they can potentially also increase the vulnerability of these economies to financial market crises. Two of the most notable sources of vulnerability are the quality of domestic financial intermediation and the speculative nature of some investment flows. Opportunities and Risks in Central European Finances examines the nature of capital flows in the region, seeking to explain its dynamics, and potential sources of vulnerability. The book also appraises some potential costs that could be associated with a financial crisis. Finally, it presents views on how to manage these risks more effectively
Case studies
1 online resource (xiv, 368 pages) : illustrations
9780585414966, 9786610086986, 9780821347126, 0585414963, 6610086982, 0821347128
50553142
Print version:
"Co-sponsored by the European Commission and the World Bank."