In this introductory chapter, we present the concept and structure of the book. We also explain why the topic of our book is important to countries in Central, Eastern, and South-Eastern Europe (CESEE). Various stakeholders should be acquainted with pros and cons for foreign capital presence in the financial sector in emerging markets in order to understand its impact and to shape the economic policy adequately. It may also help other countries facing similar challenges of changing their economic systems to follow the same path or to avoid potential mistakes.
KeywordsDomestic-owned bank Foreign-owned bank Parent bank Subsidiary Transformation Global financial crisis
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