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Latest ECSPF Publications

 

Development of Non-Bank Financial Institutions and Capital Markets in EU Accession Countries
This paper assesses the role of non-bank financial institutions and capital markets in the financial sectors of the eight first-wave of Eastern European EU accession countries, the current state of development and prospects for future growth, and the likely impact on these segments of the financial system of accession to the EU. ...More
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Structural adjustment in the transition - case studies from Albania, Azerbaijan, Kyrgyz Republic, and Moldova
The study reviews the performance of four transition countries - Albania, Azerbaijan, the Kyrgyz Republic, and Moldova - in the areas of private, and financial sector development, identifying both their achievements, and challenges, to extract beneficial reform efforts, and alternative approaches, setting the pace for sustainable growth.
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