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The Role of Financial Markets in the Transition ProcessFinancial 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
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The Role of Financial Markets in the Transition Process

The Role of Financial Markets in the Transition Process

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