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agree to this assessment, it is also true that the degree of monetisation and bank intermediation in the Hungarian economy …
Persistent link: https://www.econbiz.de/10010273321
institutions. In 1960, a new banking law further reduced the range of commercial activities of the National Bank of Yugoslavia (the … central bank) and opened the way to the creation of commercial banks. To ensure that banks met the needs of non … the development of banking was the establishment of the Credit and Savings Bank Ljubljana in 1967, which accounted for …
Persistent link: https://www.econbiz.de/10010273324
Planned economies produced many goods and services - such as cars, electricity, and machinery - that did not differ fundamentally from those available in market economies. Certainly, the quality and variety of these goods and services did not reach Western standards and there was an almost...
Persistent link: https://www.econbiz.de/10010273327