It was the aim of this project to evaluate the current status of Cental and Eastern European capital markets (particularly in Czech Republic, Hungary, Poland, Slovakia) and to develop proposals for policy actions concerning the future integration of these capital markets into the Western capital markets. The study concentrates on the organisation of CEE stock exchanges (amongst each other and to Western European exchanges) and the importance of CEE capital markets for corporate finance.
Articles in Refereed Journals
Schröder, Michael and Jens Köke (2003), The Prospects of Capital Markets in Central and Eastern Europe, Eastern European Economics 41, No.4, 5-37.
Monographs, Contributions to Edited Volumes
Discussion and Working Papers
Köke, Jens and Michael Schröder (2002), The Prospects of Capital Markets in Central and Eastern Europe, ZEW Discussion Paper No. 02-57, Mannheim. Download