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  • Bank reform goes only skin deep
    France's banks are stifled by bureaucratic management, crippled by the over-expansion they undertook in the 1980s and hampered by regulatory obstacles to restructuring. What better time for an outsider with deep pockets to buy into one of the largest banking markets. By John McGrath.
    September 01, 1997
  • Gearing up for growth
    The new South African government's enthusiasm for the free market has surprised some sceptics. But does it have the right plan to tackle the country's problems of entrenched unemployment, fitful economic growth and a heavy dependence on gold exports - not to mention rampant crime? Bruce Cameron reports.
    September 01, 1997
  • Blazing a trail into new markets
    Issuer: World Bank
    September 01, 1997
  • The quest for a new El Dorado
    Foreign banks looking to diversify in international markets have pinpointed Latin America as the new growth area. But whereas in the past they largely confined themselves to investment banking and elite customers they are now seeking to build broader retail operations, either through outright purchases of local banks or buying large stakes in them. Michelle Celarier reports on a race that has sent the prices of even the shakier institutions to surprising levels.
    September 01, 1997
  • Nobody's lame duck
    September 01, 1997
  • Russia: The Next Chapter
    RUSSIA: THE NEXT CHAPTER
    September 01, 1997
  • Bonds
    A special report prepared by OTP Bank Ltd.
    September 01, 1997
  • Georgia: The way to prosperity
    A determined reformist government has put Georgia on the road to recovery. Now foreign investors are starting to take an interest, attracted by the country's strategic position on the oil route to the Caspian Sea. But the recovery remains fragile, as Suzanne Miller found.
    September 01, 1997
  • Macroeconomic overview
    A special report prepared by the National Bank of Hungary and the Ministry of FinanceSound financial environment.
    September 01, 1997
  • Equities: Fundamentally buoyant
    A special report prepared by Concorde Securities Ltd.
    September 01, 1997
  • Romania: The quiet revolution
    The new government has made a promising start, introducing reforms to free up and restructure the economy. Two important privatizations may provide proof of its commitment to change. By Gavin Gray.
    September 01, 1997
  • Japanese in Asia: Looking beyond the markets
    Japan has shown a new willingness to intervene in troubled Asian economies, and currency problems are not deterring the banks from pursuing business all over the region. By Jack Lowenstein.
    September 01, 1997
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