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Title The Development of Non-bank Financial Institutions in Ukraine : Policy Reform Strategy and Action Plan
Published Washington, D.C. : World Bank, [2006]
Online access available from:
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Description 1 online resource (xxx, 105 pages) : illustrations
Series World Bank working paper, 1726-5878 ; no. 81
World Bank e-Library.
World Bank working paper ; no. 81. 1726-5878
Contents Introduction : financial sector and NBFIs on the road to EU integration -- 1. Recent evolution of NBFIs in Ukraine -- Financial sector developments from the mid-1990s to 2004 -- Recent macroeconomic, monetary and fiscal developments in 2005 -- Money and securities markets -- Pension -- The insurance sector -- Investment funds -- Factoring and leasing -- 2. Impediments to NBFI development and policy reform agenda -- Capital market and NBFI regulatory and supervisory framework -- Money and securities markets -- Pension -- The insurance sector -- Corporate governance -- Broadening access to NBFI finance -- Technical Annex A. NBFI regulators in Ukraine : key development issues -- Technical Annex B. Donors cooperation in the area of NBFI market development in Ukraine
Summary The prospect of European integration presents huge opportunities and challenges for the development of non-bank financial institutions (NBFIs) in Ukraine. By most measures, the development of the NBFI sector in Ukraine lags far behind that of recent accession countries in Central Europe. To address the main impediments facing the development of the sector, the Ukrainian authorities need to implement a strategy based on six main pillars: 1) strengthen the capacity, independence, funding, and accountability of the NBFI regulators; 2) develop money markets, government bond markets, and municipal
Bibliography Includes bibliographical references (page 105)
Notes Print version record
Subject Financial institutions -- Ukraine.
Ukraine -- Economic policy -- 1991-
Form Electronic book
Author Noël, Michel, 1954-
World Bank.
LC no. 2006047377
ISBN 0821366785
0821366793 (e-book)
9780821366790 (e-book)