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Title: CAPITAL MARKETS AND NON-BANK FINANCIAL INSTITUTIONS IN ROMANIA
ASSESSMENT OF KEY ISSUES AND RECOMMENDATIONS FOR DEVELOPMENT
By: Ramin Shojai, Michel Noel
Format: Paperback

List price: £7.50


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ISBN 10: 0821360159
ISBN 13: 9780821360156
Publisher: WORLD BANK PUBLICATIONS
Pub. date: 7 December, 2004
Series: World Bank Working Paper No. 45
Pages: 108
Description: This study assesses key issues and recommendations for Romanian development, and reviews the specific changes which are necessary in four areas: structural reforms, market institutions, and infrastructure; accounting, transparency, and disclosure; market infrastructure; and credit enhancements.
Synopsis: With only three years remaining before joining the European Union, Romania is working hard to improve its capital markets and non-bank financial institutions, which remain less developed than those in other accession countries. Strengthening these sectors has become a top priority for policymakers, whose primary objective is to ensure that the financial system is sufficiently developed to serve the growing demands of the Romanian economy. This study assesses key issues and recommendations for development, and reviews the specific changes which are necessary in four areas: structural reforms, market institutions, and infrastructure; accounting, transparency, and disclosure; market infrastructure; and credit enhancements.
Illustrations: Illustrations
Publication: US
Imprint: World Bank Publications
Returns: Non-returnable
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