Abstract
The developments in the international financial markets are characterized by huge and quick changes. The previously separate national markets have been integrated into a global market and are more and more international. The last decade has seen an explosion in the volume of international financial flows. The main contributing factors to this development have been the removal of exchange controls, domestic financial liberalization and rapid advances in financial technology.
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© 1997 Springer-Verlag Berlin Heidelberg
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Nyers, R. (1997). Recent Developments in the Hungarian Financial Sector. In: Welfens, P.J.J., Wolf, H.C. (eds) Banking, International Capital Flows and Growth in Europe. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-59030-6_14
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DOI: https://doi.org/10.1007/978-3-642-59030-6_14
Publisher Name: Springer, Berlin, Heidelberg
Print ISBN: 978-3-642-63823-7
Online ISBN: 978-3-642-59030-6
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