Integrating Europe's financial markets [electronic resource] /
edited by Jörg Decressin, Hamid Faruqee, and Wim Fonteyne.
- Washington, D.C. : International Monetary Fund, c2007.
- xviii, 261 p. : ill. ; 23 cm.
Includes bibliographical references (p. 238-261).
Toward a single financial market / Key concepts, benefits, and risks / Current state of play / Comparing Europe and the United States / Equity market integration / Risk profiles of financial institutions / Internationally active large banking groups / Bank business correlations / Assessing current prudential arrangements / Financial integration and stability / Wim Fonteyne -- Hamid Faruqee -- François Haas -- Jörg Decressin and Beata Kudela -- Hamid Faruqee -- Alexander Tieman, Gianni De Nicolò, and Robert Corker -- Alexander Tieman and Martin Čihák -- Jörg Decressin -- Martin Čihák and Alexander Tieman -- Wim Fonteyne and Jan-Willem van der Vossen. Pt. 1. Financial integration -- Pt. 2. Financial stability --
By and large, EU financial integration has been a success story. Still, the reform agenda is far from finished. What are the remaining challenges going forward? What are the gains of closer financial market integration? This IMF book tracks the European Union's journey along the path to a single financial market and identifies the challenges and priorities that remain ahead. It pays particular attention to the most recent integration efforts in the European Union following the introduction of the euro. The study looks at the importance of financial integration, in particular for economic growth, the interplay between banks and markets, and equity market integration. It closely examines the relationship between financial integration and financial stability. This interaction presents the EU with a challenge, but also with the opportunity to play a pioneering role in developing a regional approach to financial stability that could provide lessons for the rest of the world.
Electronic reproduction.
Palo Alto, Calif. :
ebrary,
2009.
Available via World Wide Web.
Access may be limited to ebrary affiliated libraries.
European Union--Economic integration.
Finance--Europe.
Capital market--Europe.
Financial institutions--Europe.
Electronic books.
HC241 / .I5657 2007eb
Includes bibliographical references (p. 238-261).
Toward a single financial market / Key concepts, benefits, and risks / Current state of play / Comparing Europe and the United States / Equity market integration / Risk profiles of financial institutions / Internationally active large banking groups / Bank business correlations / Assessing current prudential arrangements / Financial integration and stability / Wim Fonteyne -- Hamid Faruqee -- François Haas -- Jörg Decressin and Beata Kudela -- Hamid Faruqee -- Alexander Tieman, Gianni De Nicolò, and Robert Corker -- Alexander Tieman and Martin Čihák -- Jörg Decressin -- Martin Čihák and Alexander Tieman -- Wim Fonteyne and Jan-Willem van der Vossen. Pt. 1. Financial integration -- Pt. 2. Financial stability --
By and large, EU financial integration has been a success story. Still, the reform agenda is far from finished. What are the remaining challenges going forward? What are the gains of closer financial market integration? This IMF book tracks the European Union's journey along the path to a single financial market and identifies the challenges and priorities that remain ahead. It pays particular attention to the most recent integration efforts in the European Union following the introduction of the euro. The study looks at the importance of financial integration, in particular for economic growth, the interplay between banks and markets, and equity market integration. It closely examines the relationship between financial integration and financial stability. This interaction presents the EU with a challenge, but also with the opportunity to play a pioneering role in developing a regional approach to financial stability that could provide lessons for the rest of the world.
Electronic reproduction.
Palo Alto, Calif. :
ebrary,
2009.
Available via World Wide Web.
Access may be limited to ebrary affiliated libraries.
European Union--Economic integration.
Finance--Europe.
Capital market--Europe.
Financial institutions--Europe.
Electronic books.
HC241 / .I5657 2007eb