The Development of the Financial Sector in Southeast Europe

1: Introduction.- I: The Evolution of Financial Sector and Economic Development in Southeast Europe.- 2: The Financial Sector and Economic Development: Evidence from Southeast Europe.- II: Innovative Approaches to Building Financial Sectors in Southeast Europe.- 3: Competition and Complementarity: KfW's Approach to Financial Sector Development in Southeast Europe.- 4: Providing Long-Term Funds to Local Financial Institutions - The European Refinancing Funds in Southeast Europe.- 5: Strengthening Financial Sectors in Transition Countries: IFC's Contribution.- 6: EBRD's Micro and Small Enterprise Lending Programmes: Downscaling Commercial Banks and Starting Greenfield Banks.- 7: Surviving the Crisis: Microfinance in Bolivia, 1999-2002.- 8: Institutional Development and Commercialisation - Optimal Exit for Equity Financiers.- III: Pioneering Banks and Bankers in Southeast Europe.- 9: Market Entry in Southeast Europe - Raiffeisenbank Belgrade.- 10: Sustainable Microfinance Banks - Problems and Perspectives.- 11: Equity Participation in Microfinance Banks in Southeast Europe and Georgia - A Strategic Option for a Large Private German Bank?.- IV: Research and Impact Analysis for Accountability and Management.- 12: The Contribution of Science and Research to the Development of Microfinance.- 13: Best Practice Principles for Microfinance Impact Analysis.- 14: Enterprise Level Impacts of Financial Sector Projects in Southeast Europe.- 15: Impact of Financial Sector Projects in Southeast Europe - Effects on Financial Institutions and the Financial Sector.- V: Summary and Conclusion.- 16: Summary and Conclusion.- Index of Names.- Index of Countries.- Index of Banks and Organisations.- Index of Terms.

From the reviews:



"This book focuses on the development of the financial sector in Southeast Europe in order to foster growth with equity and highlights a number of institutional and other innovations and related challenges in the creation and promotion of sustainable micro-finance institutions ... . makes a very valuable contribution to sharing important experiences of how to foster financial sector development in transitioning countries. It is a must-read, or ... a want-to-read book for the staff of government and donor organizations, commercial banks, micro-finance practitioners ... ." (Manfred Zeller, Quarterly Journal of International Agriculture, Vol. 44 (2), 2005)