Financial Globalization in the Emerging Balkans (eBook)

Mehmed Ganic is a specialist in East and Central European economics. He has published more than 150 scientific and research papers internationally and has authored three books throughout his professional career. He is currently working as an Associate Professor of Economics/International Finance at the International University of Sarajevo (IUS) in Bosnia and Herzegovina.

Chapter 1 Emerging Balkans in Transition
1.1 Transition to a Market Economy: Reality or Necessity?
1.2 Liberalization,Debt and External (Im)Balances
1.3 Privatization and Institutional Reforms
1.4 Three Decades Later: Achievements and Remaining Challenges

Chapter 2 Financial Globalization
2.1 A Short History of Financial Globalization
2.2 Goods, Services and Financial Flows
2.3 Key Trends
2.4 Financial Integration
2.5 International Capital Flows in the Emerging Balkans
2.6 Are the Balkan Economies Different?

Chapter 3 Trade in Services, Regional Integration and EU Accession Process
3.1 Trade Liberalization and Regional Integration
3.2 Regional Trade Agreements and Regional Cooperation: CEFTA 2006 Trade Cooperation
3.3 Trade Performance Indicators and Intra-regional Trade
3.4 Trade Relations with the EU

Chapter 4 Banking in Transition: On the Road to Success
4.1 Introduction
4.2 The Region's Experience of Banking Transition
4.3 Banking Sector Development
4.4 Banking Soundness and Stability
4.5 Regulatory Experience: A Cross-regional Comparison of Basel II and Basel
III Adoption

Chapter 5 Does Stock Market Development Cause Growth?
5.1 Introduction
5.2 Literature Review
5.3 Model Specification
5.4 Empirical Findings
5.5 Conclusion

Chapter 6 Recent Financial Sector Developments in the Emerging Balkans
6.1 Introduction
6.2 The Structure of the Financial System
6.3 Financial Intermediaries Structure
6.4 Financial Euroization
6.5 Financialization

Chapter 7 What is Driving International Financial Integration in the Emerging Balkans?
7.1 Introduction
7.2 Literature Review
7.3 Methodology and Data
7.4.Findings and Discussion
7.5 Conclusion