BANKS AND MARKETS IN THE “NEW EUROPE”: CAPITALISM’S CHICKEN AND EGG CONUNDRUM

International Trade and Finance Association 15th International Conference

BANKS AND MARKETS IN THE “NEW EUROPE”: CAPITALISM’S CHICKEN AND EGG CONUNDRUM

Irene Finel-Honigman , Adjunct Professor of International Affairs in the School of International and Public Affairs, Columbia University. She served as a Senior Adviser on Finance Policy in the U.S. Department of Commerce during the Clinton administration.

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ABSTRACT:

This paper presents a historical and political analysis of the evolution of European Union new member countries financial institutions and markets. It examines the influence of French, German and Anglo-American legacies on the reemergence and development of capitalism in the former socialist republics admitted to the EU in May 2004 and what lessons can be derived for future EU members.

Presented at the 15th International Conference,Istanbul, Turkey, May 2005.

SUGGESTED CITATION:
Irene Finel-Honigman , "BANKS AND MARKETS IN THE “NEW EUROPE”: CAPITALISM’S CHICKEN AND EGG CONUNDRUM" (May 2005). International Trade and Finance Association Conference Papers. International Trade and Finance Association 15th International Conference. Working Paper 4.
http://services.bepress.com/itfa/15th/art4