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Contents
Part I. Lessons from Transition Economies
1. Selected Lessons from the Transformation of the Financial Systems of Central and Eastern Europe
Millard Long
2. Monetary and Fiscal Policy from Transition to EU Integration: A Comparative Assessment
George Kopits
3. Learning from the Chinese Experience
Cheng-Hoon Lim, Ashok Bhatia and Laura Papi
Part II. The Role of Central Banks and Financial Institutions
4. Central Banking Reform in Transition Economies: Issues and Lessons from Past Experiences
Tom?s J. Bali?o and V. Sundararajan
5. Promoting Corporate and Banking Sector Restructuring: The Role of Capital Markets
Ceyla Pazarbasioglu
6. The Role of a Promotional Bank in Transition Economies
Norbert Irsch and Christian Hornberg
7. How Sustainable is Chinese Monetary Policy? A Look at External Flows
Jonathan Anderson
Part III. Spotlight on North Korea: Issues to Consider in the Transition Process
8. The Financial System of North Korea: A Comparative Perspective
Byung-Yeon Kim
9. The Choice of Exchange Rate Regimes in Transition Economies: Lessons for North Korea
Goo-Hoon Kwon
10. Currency Conversion during the Period of Transition: The Case of North Korea.
Yeong-Seop Rhee
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