Sequencing of Institution Building in the Transition Process of Central and Eastern Europe's Financi

The book delves into the critical role of institutions in economic transformation, particularly in Central and Eastern Europe and the former Soviet Union. It examines how the success of reforms in these transition economies relies heavily on the establishment of effective institutions, specifically within financial systems. The analysis focuses on the sequencing and timing of structural and institutional reforms, supported by macroeconomic evidence from six countries: Bulgaria, the Czech Republic, Hungary, Poland, Romania, and the Slovak Republic.