Pereinamos ekonomikos šalių pagrindinės bankininkystės reformos kryptys

Abstract

While the change in incentive structure and the joint effort by the state, banks and enterprises are the necessary conditions for effectively copying with the bad debts problem, they are not yet sufficient to increase the role of the financial sector in transformation. In particular, the emerging private sector would greatly benefit form new financial institutions, such as specializes institutions for small and medium scale enterprises, or venture capital funds. Improving and stimulating information flows between investors and enterprises is of particular importance to upgrade corporate control and reduce risks. Financial and technical assistance provided by western countries is of crucial importance in making sure that the reform process will continue at the possible spead.