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...

Full description

Bibliographic Details
Main Authors:	Bakker, Marie-Renée, Gross, Alexandra
Format:	Publication
Language:	English en_US
Published:	Washington, DC: World Bank 2013
Subjects:	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 FINANCIAL SYSTEMS INSURANCE COMPANIES STOCK MARKET TRANSACTIONS ACCOUNTING AUDITING BANK CREDIT BANK DEPOSITS BANK FOR INTERNATIONAL SETTLEMENTS BANK RESTRUCTURING BANKING SECTOR BANKING SYSTEMS BANKRUPTCY BOND MARKETS CAPITALIZATION CENTRAL BANKS CONSOLIDATION CONSUMER PROTECTION DEPOSITS ECONOMIC GROWTH ECONOMIC PERFORMANCE EQUITY INVESTMENTS EQUITY MARKETS EU EUROPEAN CENTRAL BANK FACTORING FINANCIAL ASSETS FINANCIAL INTERMEDIATION FINANCIAL MARKETS FINANCIAL REPORTING FINANCIAL SERVICES GDP GOVERNMENT BONDS GROSS DOMESTIC PRODUCT GROWTH POTENTIAL INCOME INCOME LEVELS 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 NON-LIFE INSURANCE OFFERINGS PENSION FUND MANAGEMENT PENSION FUNDS PENSION SCHEMES PER CAPITA INCOME PER CAPITA INCOMES 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
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

id	okr-10986-15030
recordtype	oai_dc
spelling	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

Development of Non-bank Financial Institutions and Capital Markets in European Union Accession Countries

Similar Items