Description
Book SynopsisAgainst the backdrop of the financial crisis that unfolded in 2008, this book deals with policy challenges going forward, focusing in particular on the ongoing catching-up process in Central, Eastern and South-Eastern European countries.
Table of ContentsContents: Preface PART I: CATCHING-UP AND GROWTH PROSPECTS AFTER THE CRISIS 1. Challenges to European Economic Integration Vítor Constâncio 2. A Forward-looking View on Catching-up Strategies from an Austrian Angle Ewald Nowotny 3. Re-establishing Growth After the Crisis – Lessons from the Nordic Countries Seppo Honkapohja 4. Catching-up Prospects After the Crisis for the EU’s CESEE Region Kieran Mc Morrow and Werner Röger 5. Growth Prospects in the EU-10 Members States After the Crisis Dariusz K. Rosati 6. Neoclassicism in the Balkans Vladimir Gligorov 7. Unlocking Growth Potential in the Balkans Boštjan Jazbec and Albulenë Kastrati 8. The Catching-up Experience of the Western Balkans – the Cases of Serbia, FYR of Macedonia and Albania Michael Loufir PART II: POLICY CHALLENGES IN THE CESEE REGION AND BEYOND 9. Monetary Policy and Financial Stability: What’s Ahead for Central and Eastern Europe Stephen G. Cecchetti 10. Central Banking for the 21st Century: An American Perspective Paul A. Wachtel 11. Monetary Policy Challenges in the CESEE Region: Architecture for an Earthquake Zone Bas B. Bakker and Leslie Lipschitz 12. A Policy Recipe for Successful Convergence of CESEE Countries in the Post-crisis World Júlia Király, Attila Csajbók and Mihály András Kovács 13. Monetary Policy Challenges in the CESEE Region – the Case of Poland Marek Belka 14. Monetary Policy Challenges in the CESEE Region – the Case of Romania Christian Popa 15. Monetary Policy Challenges in the CESEE Region – the Case of Croatia Boris Vujčić 16. Challenges for Monetary and Exchange Rate Policy in CESEE Created by the Crisis: Back to Square One? Peter Mooslechner PART III: THE NEW ROLE OF FINANCIAL INTEGRATION, GROWTH FINANCING AND EXPORTS 17. Policy Perspectives on Financial Integration After the Crisis Ignazio Angeloni 18. The Need for an Enhanced Role of Local Supervisors and Shareholder Oversight Andrzej Stopczyński 19. Firms’ Patterns of Trade and Access to Finance Jože P. Damijan and Črt Kostevc 20. Financing for Growth in CESEE Joachim Nagel and Corinna Knobloch 21. Capital Inflows, Exports and Growth in the CESEE Region Jarko Fidrmuc and Reiner Martin 22. Structural Components of International Trade Growth 1995–2009 Joseph F. Francois and Julia Wörz 23. The Great Trade Collapse and its Impact on Firms in Europe László Halpern PART IV: CHALLENGES FOR BANKING IN THE CESEE REGION 24. After the Crisis: Financial Sector Reform in the EU María Teresa Fábregas Fernández 25. Banking Challenges in the CESEE Region from the Erste Group Perspective Andreas Treichl 26. Challenges for Banking in the CESEE Region – the Situation in Austria and CESEE in November 2010 Michael Hysek 27. The CESEE Experience of KBC Group Marko Voljć 28. Challenges for Banking in the CESEE Region – the Case of Swedbank Baltic Banking Håkan Berg Index
