The Role of Financial Markets in the Transition Process Commonwealth Writers' Prize for Best First Book Overall (2001) The answer will ultimately lead

The answer will ultimately lead to a desperate struggle

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The Role of Financial Markets in the Transition Process Commonwealth Writers' Prize for Best First Book Overall (2001) The answer will ultimately leadFinancial markets play an important role in economic development, channeling saving to investments and facilitating growth. In Eastern Europe, financial markets were initially much underdeveloped and lacked the skills and infrastructure they needed to be efficient, having not acquired them in the pre transition era. The book offers both theoretical and empirical analysis of financial markets in transitional economies. It investigates financial markets