Development of Non-bank Financial Institutions and Capital Markets in European Union Accession Countries
This paper assesses the role of non-bank financial institutions and capital markets in the financial sectors of the eight first-wave of Eastern European EU accession countries (the Czech Republic, Estonia, Hungary, Latvia, Lithuania, Poland, Slovak...
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Washington, DC: World Bank
2013
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Online Access: | http://documents.worldbank.org/curated/en/2004/02/3101148/development-non-bank-financial-institutions-capital-markets-european-union-accession-countries http://hdl.handle.net/10986/15030 |
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okr-10986-150302021-04-23T14:03:12Z Development of Non-bank Financial Institutions and Capital Markets in European Union Accession Countries Bakker, Marie-Renée Gross, Alexandra FINANCIAL INSTITUTIONS CAPITAL MARKETS BANKING SYSTEM INSURANCE PENSION FUND MUTUAL FUNDS LEASING FACTORING FACILITIES VENTURE CAPITAL PROGRAMS EQUITY MARKETS INTEGRATION FIXED INCOME MARKETS FINANCIAL SECTOR ASSETS PRIVATE PENSION FUNDS MUTUAL FUND SCHEMES LEASING FINANCIAL SYSTEMS INSURANCE COMPANIES STOCK MARKET TRANSACTIONS ACCOUNTING ASSETS AUDITING BANK CREDIT BANK DEPOSITS BANK FOR INTERNATIONAL SETTLEMENTS BANK RESTRUCTURING BANKING SECTOR BANKING SYSTEM BANKING SYSTEMS BANKRUPTCY BOND MARKETS CAPITAL MARKETS CAPITALIZATION CENTRAL BANKS CONSOLIDATION CONSUMER PROTECTION DEPOSITS ECONOMIC GROWTH ECONOMIC PERFORMANCE EQUITY INVESTMENTS EQUITY MARKETS EU EUROPEAN CENTRAL BANK FACTORING FINANCIAL ASSETS FINANCIAL INSTITUTIONS FINANCIAL INTERMEDIATION FINANCIAL MARKETS FINANCIAL REPORTING FINANCIAL SECTOR FINANCIAL SERVICES FINANCIAL SYSTEMS GDP GOVERNMENT BONDS GROSS DOMESTIC PRODUCT GROWTH POTENTIAL INCOME INCOME LEVELS INSURANCE INSURANCE COMPANIES INSURANCE INDUSTRY INSURANCE MARKETS INSURANCE PREMIUMS INSURERS INTEREST RATES INTERNATIONAL ACCOUNTING STANDARDS LAWS LEGAL STATUS LIFE INSURANCE LIFE INSURANCE COMPANIES MACROECONOMIC STABILITY MERGERS MONOPOLIES MORTGAGE LOANS MORTGAGE MARKETS MUTUAL FUND MUTUAL FUNDS NON-LIFE INSURANCE OFFERINGS PENSION FUND MANAGEMENT PENSION FUNDS PENSION SCHEMES PER CAPITA INCOME PER CAPITA INCOMES PRIVATE PENSION FUNDS PRIVATIZATION PROBLEM BANKS PROFITABILITY PROPERTY INSURANCE PUBLIC DEBT REINSURANCE REINSURANCE MARKETS RETIREMENT RISK MANAGEMENT RISK UNDERWRITING SAVINGS SAVINGS INSTITUTIONS SAVINGS SCHEMES SECURITIES SECURITIES EXCHANGES SOCIAL SECURITY SOCIAL SECURITY SYSTEMS SUBSIDIARIES SYSTEMIC RISK TRUSTS UNEMPLOYMENT UNIVERSAL BANKING VENTURE CAPITAL This paper assesses the role of non-bank financial institutions and capital markets in the financial sectors of the eight first-wave of Eastern European EU accession countries (the Czech Republic, Estonia, Hungary, Latvia, Lithuania, Poland, Slovakia, and Slovenia), the current state of development and prospects for future growth, and the likely impact on these segments of the financial system of accession to the EU. Throughout the paper, the level of development of nonblank financial institutions and capital markets in the accession countries is benchmarked against comparable development levels seen in existing EU member states. The paper concludes with a series of policy recommendations to facilitate future development of non-bank forms of financial intermediation. 2013-08-12T20:31:14Z 2013-08-12T20:31:14Z 2004-02 http://documents.worldbank.org/curated/en/2004/02/3101148/development-non-bank-financial-institutions-capital-markets-european-union-accession-countries 0-8213-5788-3 http://hdl.handle.net/10986/15030 English en_US World Bank Working Paper;No. 28 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank Washington, DC: World Bank Publications & Research :: Publication Publications & Research :: Publication Eastern Europe European Union |
repository_type |
Digital Repository |
institution_category |
Foreign Institution |
institution |
Digital Repositories |
building |
World Bank Open Knowledge Repository |
collection |
World Bank |
language |
English en_US |
topic |
FINANCIAL INSTITUTIONS CAPITAL MARKETS BANKING SYSTEM INSURANCE PENSION FUND MUTUAL FUNDS LEASING FACTORING FACILITIES VENTURE CAPITAL PROGRAMS EQUITY MARKETS INTEGRATION FIXED INCOME MARKETS FINANCIAL SECTOR ASSETS PRIVATE PENSION FUNDS MUTUAL FUND SCHEMES LEASING FINANCIAL SYSTEMS INSURANCE COMPANIES STOCK MARKET TRANSACTIONS ACCOUNTING ASSETS AUDITING BANK CREDIT BANK DEPOSITS BANK FOR INTERNATIONAL SETTLEMENTS BANK RESTRUCTURING BANKING SECTOR BANKING SYSTEM BANKING SYSTEMS BANKRUPTCY BOND MARKETS CAPITAL MARKETS CAPITALIZATION CENTRAL BANKS CONSOLIDATION CONSUMER PROTECTION DEPOSITS ECONOMIC GROWTH ECONOMIC PERFORMANCE EQUITY INVESTMENTS EQUITY MARKETS EU EUROPEAN CENTRAL BANK FACTORING FINANCIAL ASSETS FINANCIAL INSTITUTIONS FINANCIAL INTERMEDIATION FINANCIAL MARKETS FINANCIAL REPORTING FINANCIAL SECTOR FINANCIAL SERVICES FINANCIAL SYSTEMS GDP GOVERNMENT BONDS GROSS DOMESTIC PRODUCT GROWTH POTENTIAL INCOME INCOME LEVELS INSURANCE INSURANCE COMPANIES INSURANCE INDUSTRY INSURANCE MARKETS INSURANCE PREMIUMS INSURERS INTEREST RATES INTERNATIONAL ACCOUNTING STANDARDS LAWS LEGAL STATUS LIFE INSURANCE LIFE INSURANCE COMPANIES MACROECONOMIC STABILITY MERGERS MONOPOLIES MORTGAGE LOANS MORTGAGE MARKETS MUTUAL FUND MUTUAL FUNDS NON-LIFE INSURANCE OFFERINGS PENSION FUND MANAGEMENT PENSION FUNDS PENSION SCHEMES PER CAPITA INCOME PER CAPITA INCOMES PRIVATE PENSION FUNDS PRIVATIZATION PROBLEM BANKS PROFITABILITY PROPERTY INSURANCE PUBLIC DEBT REINSURANCE REINSURANCE MARKETS RETIREMENT RISK MANAGEMENT RISK UNDERWRITING SAVINGS SAVINGS INSTITUTIONS SAVINGS SCHEMES SECURITIES SECURITIES EXCHANGES SOCIAL SECURITY SOCIAL SECURITY SYSTEMS SUBSIDIARIES SYSTEMIC RISK TRUSTS UNEMPLOYMENT UNIVERSAL BANKING VENTURE CAPITAL |
spellingShingle |
FINANCIAL INSTITUTIONS CAPITAL MARKETS BANKING SYSTEM INSURANCE PENSION FUND MUTUAL FUNDS LEASING FACTORING FACILITIES VENTURE CAPITAL PROGRAMS EQUITY MARKETS INTEGRATION FIXED INCOME MARKETS FINANCIAL SECTOR ASSETS PRIVATE PENSION FUNDS MUTUAL FUND SCHEMES LEASING FINANCIAL SYSTEMS INSURANCE COMPANIES STOCK MARKET TRANSACTIONS ACCOUNTING ASSETS AUDITING BANK CREDIT BANK DEPOSITS BANK FOR INTERNATIONAL SETTLEMENTS BANK RESTRUCTURING BANKING SECTOR BANKING SYSTEM BANKING SYSTEMS BANKRUPTCY BOND MARKETS CAPITAL MARKETS CAPITALIZATION CENTRAL BANKS CONSOLIDATION CONSUMER PROTECTION DEPOSITS ECONOMIC GROWTH ECONOMIC PERFORMANCE EQUITY INVESTMENTS EQUITY MARKETS EU EUROPEAN CENTRAL BANK FACTORING FINANCIAL ASSETS FINANCIAL INSTITUTIONS FINANCIAL INTERMEDIATION FINANCIAL MARKETS FINANCIAL REPORTING FINANCIAL SECTOR FINANCIAL SERVICES FINANCIAL SYSTEMS GDP GOVERNMENT BONDS GROSS DOMESTIC PRODUCT GROWTH POTENTIAL INCOME INCOME LEVELS INSURANCE INSURANCE COMPANIES INSURANCE INDUSTRY INSURANCE MARKETS INSURANCE PREMIUMS INSURERS INTEREST RATES INTERNATIONAL ACCOUNTING STANDARDS LAWS LEGAL STATUS LIFE INSURANCE LIFE INSURANCE COMPANIES MACROECONOMIC STABILITY MERGERS MONOPOLIES MORTGAGE LOANS MORTGAGE MARKETS MUTUAL FUND MUTUAL FUNDS NON-LIFE INSURANCE OFFERINGS PENSION FUND MANAGEMENT PENSION FUNDS PENSION SCHEMES PER CAPITA INCOME PER CAPITA INCOMES PRIVATE PENSION FUNDS PRIVATIZATION PROBLEM BANKS PROFITABILITY PROPERTY INSURANCE PUBLIC DEBT REINSURANCE REINSURANCE MARKETS RETIREMENT RISK MANAGEMENT RISK UNDERWRITING SAVINGS SAVINGS INSTITUTIONS SAVINGS SCHEMES SECURITIES SECURITIES EXCHANGES SOCIAL SECURITY SOCIAL SECURITY SYSTEMS SUBSIDIARIES SYSTEMIC RISK TRUSTS UNEMPLOYMENT UNIVERSAL BANKING VENTURE CAPITAL Bakker, Marie-Renée Gross, Alexandra Development of Non-bank Financial Institutions and Capital Markets in European Union Accession Countries |
geographic_facet |
Eastern Europe European Union |
relation |
World Bank Working Paper;No. 28 |
description |
This paper assesses the role of non-bank
financial institutions and capital markets in the financial
sectors of the eight first-wave of Eastern European EU
accession countries (the Czech Republic, Estonia, Hungary,
Latvia, Lithuania, Poland, Slovakia, and Slovenia), the
current state of development and prospects for future
growth, and the likely impact on these segments of the
financial system of accession to the EU. Throughout the
paper, the level of development of nonblank financial
institutions and capital markets in the accession countries
is benchmarked against comparable development levels seen in
existing EU member states. The paper concludes with a series
of policy recommendations to facilitate future development
of non-bank forms of financial intermediation. |
format |
Publications & Research :: Publication |
author |
Bakker, Marie-Renée Gross, Alexandra |
author_facet |
Bakker, Marie-Renée Gross, Alexandra |
author_sort |
Bakker, Marie-Renée |
title |
Development of Non-bank Financial Institutions and Capital Markets in European Union Accession Countries |
title_short |
Development of Non-bank Financial Institutions and Capital Markets in European Union Accession Countries |
title_full |
Development of Non-bank Financial Institutions and Capital Markets in European Union Accession Countries |
title_fullStr |
Development of Non-bank Financial Institutions and Capital Markets in European Union Accession Countries |
title_full_unstemmed |
Development of Non-bank Financial Institutions and Capital Markets in European Union Accession Countries |
title_sort |
development of non-bank financial institutions and capital markets in european union accession countries |
publisher |
Washington, DC: World Bank |
publishDate |
2013 |
url |
http://documents.worldbank.org/curated/en/2004/02/3101148/development-non-bank-financial-institutions-capital-markets-european-union-accession-countries http://hdl.handle.net/10986/15030 |
_version_ |
1764426025253470208 |