How do bank supervisors strike a balance between market self-regulation and pro-active regulatory intervention? This book investigates the choice of banking supervision approach in four European Union member states from Central and Eastern Europe - Bulgaria, Estonia, Hungary, and Slovenia - after their transition to democracy and market economy.

1. Introduction 2. The Quest for Financial Stability: Determinants of Regulatory Approach in Banking Supervision 3. Economic Reform Path and Bank Privatization 4. Institutional Design of Banking Supervision in Central and Eastern Europe and Party Politics 5. Banking Supervision Approaches during Credit Booms 6. At the EU Negotiating Table: What Role for National Bank Supervisors after EU Accession? 7. Conclusion

Aneta Spendzharova is Assistant Professor in Political Science at Maastricht University, the Netherlands. Her research interests are in the areas of comparative political economy, banking supervision, and European Union politics. Her research has appeared in journals such as Journal of International Political Economy and Journal of Common Market Studies.