Abstract
This chapter explores the factors responsible for both the development and the efficiency of the financial sector in the transition countries. We discuss the importance of financial intermediation and why the development of a private financial system was difficult across the region.
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© 2017 Tomasz Mickiewicz
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Douarin, E., Mickiewicz, T. (2017). Financial Liberalisation. In: Economics of Institutional Change. Studies in Economic Transition. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-0-230-29128-7_9
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DOI: https://doi.org/10.1007/978-0-230-29128-7_9
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