Publication: Capital Markets and Non-bank Financial Institutions in Romania : Assessment of Key Issues and Recommendations for Development
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2005
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2013-08-07
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This study assesses key issues and recommendations for development, and reviews the specific changes which are necessary in four areas: structural reforms, market institutions, and infrastructure; accounting, transparency, and disclosure; market infrastructure; and credit enhancements. With only three years remaining before joining the European Union, Romania is working hard to improve its capital markets and non-bank financial institutions, which remain less developed than those in other accession countries. Strengthening these sectors has become a top priority for policymakers, whose primary objective is to ensure that the financial system is sufficiently developed to serve the growing demands of the Romanian economy.
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“World Bank. 2005. Capital Markets and Non-bank Financial Institutions in Romania : Assessment of Key Issues and Recommendations for Development. World Bank Working Paper;No. 45. © World Bank. http://hdl.handle.net/10986/14867 License: CC BY 3.0 IGO.”
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