Capital Markets and Financial Intermediation in the Baltic States
Volume/Issue:
Volume 2003
Issue 115
Publication date: April 2003
ISBN: 9781451805383
$20.00
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Topics covered in this book
This title contains information about the following subjects.
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Business and Economics , Banks and Banking , Finance , ISCR , CR , parent company , parent bank , bank ownership , foreign currency , bank financing , credit crunch , venture capital , banking sector , central bank , economic activity , yield curve , secondary market , private sector , market capitalization , exchange rate , Capital markets , Securities markets , Stock markets , Commercial banks , Financial sector development , Baltics
Summary
This paper analyzes the capital markets and financial intermediation in the Baltic States. It provides a comprehensive overview of the structure and level of development of the financial system, discussing some of the unique characteristics of the Baltics, such as leasing; and comparing the structure of the Baltic financial systems to other European Union accession countries and/or euro zone averages, both of which serve as benchmarks. The paper also addresses some of the broader analytical questions concerning how the financial system might be developed in the Baltics.
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