Naslov
The Role of the State-Owned Banks in Transition Countries' Economic Development

Autori
Najdanović, Zoran

Vrsta, podvrsta i kategorija rada
Radovi u zbornicima skupova, cjeloviti rad (in extenso), znanstveni

Izvornik
Transition in Central and Eastern Europe - challenges of 21st Century: Conference Proceedings / Čičić, Muris ; Brkić, Nenad - Sarajevo : Ekonomski fakultet Univerziteta u Sarajevu, 2002, 479-484

ISBN
9958-605-37-6

Skup
International Conference of the Faculty of Economics (Sarajevo ; 2002)

Mjesto i datum
Sarajevo, Bosna i Hercegovina, 17.10.2002. - 18.10.2002

Vrsta sudjelovanja
Predavanje

Vrsta recenzije
Međunarodna recenzija

Ključne riječi
Banking system; economic development

Sažetak
In the process of market liberalization, i.e. transition from non-market into market economy, a great number of foreign banks enter the market thereby increasing the inter-banking competition in financial markets. The emerging of other financial institutions (insurance companies, pension funds, building societies...)contributes to the outflow of savings from the state-owned banks as well. The establishment of a great number of financial institutions owned by foreigners, and the sell-out of the state-owned banks, transferred the management of the entire national potential to foreigners. Being aware of this, the expected development and growth of the indigenous economies is not possible. It is necessary to retain the existing state-owned banks and by applying the proper business strategy and concepts to channel financial flows into the national economy, and thereby improve its development and growth.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija

POVEZANOST RADA