The Role of Financial Institutions in the Transition to a Market Economy /

Financial institutions intermediate between savers and investors and contribute to corporate governance. Equity and bond markets in the former centrally planned economies are not yet in a position adequately to provide these services. It is not yet clear that investment funds will provide the necess...

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Bibliographic Details
Main Author: Spencer, Michael
Other Authors: Blommestein, H.
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1993.
Series:IMF Working Papers; Working Paper ; No. 1993/075
Online Access:Full text available on IMF