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- W2502079688 abstract "This chapter discusses the financial structure of the new Member States of the European Union. It starts by analysing the importance of financial markets and financial institutions in financing investment in the NMS. Stock-market capitalisation in various NMS has increased, but its level in the NMS is still far below that in the EU-15. By far the most important category of financial institutions in the NMS are banks; the role of insurance companies, investment funds, and pension funds in the NMS is still underdeveloped in comparison with the EU-15. The chapter describes the banking sector in the NMS in some detail. This sector is generally highly concentrated. Foreign bank presence is very large in most NMS, mainly in the form of subsidiaries of foreign banks." @default.
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- W2502079688 date "2009-01-15" @default.
- W2502079688 modified "2023-10-14" @default.
- W2502079688 title "The Financial System of the New Member States" @default.
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- W2502079688 doi "https://doi.org/10.1017/cbo9780511806230.009" @default.
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