Banking and financial control in reforming planned economies

This book analyses the advantages and disadvantages of banking system reforms, with particular reference to centrally planned economies. It examines, too, the functions of the banking system during the transition period, and whether it is possible to stabilise the economy through the banking system. Banking and Financial Control reviews the banking reforms and the economic and financial problems faced by banks in China and Hungary. After a theoretical and critical exposition of models of banking, monitoring and corporate control, it assesses the financial disorders following radical reforms and critically reviews some established theories and views.