This paper, on the Polish fixed-income securities market, reviews the recent evolution of the Polish fixed-income market and examines selected policy challenges ahead, with a special focus on the municipal...
This paper discusses key findings and policy proposals for modernizing Hungary's subnational government system. It looks at fiscal decentralization, local capacity building, and the development of a competitive...
This paper focuses on financial sector reforms in the Czech Republic, Hungary, Poland, Slovak Republic and Slovenia. The paper reviews competitive trends in different banking markets; the impact of restructuring...
The collapse of central planning and the opening of the ex-socialist economies of Central and Eastern Europe and the former Soviet Union have had two major implications for enterprise and bank restructuring...
The Ivory Coast experienced a series of external shocks in the last seven years which led to a severe deterioration of its financial position and to negative growth since 1981. This occurred at a time...