Financial Integration In The European Union

Author : Roman Matoušek,Daniel Stavárek
Publisher : Routledge
Page : 281 pages
File Size : 51,5 Mb
Release : 2012-03-15
Category : Business & Economics
ISBN : 9781136339707

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Financial Integration in the European Union by Roman Matoušek,Daniel Stavárek Pdf

This edited collection assesses the level of financial integration in the European Union (EU) and the differences across the countries and segments of the EU financial system. Progress in financial integration is key to the EU’s economic growth and competitiveness and although it has advanced substantially, the process is still far from completion. This book focuses on the pace of financial integration in the EU with special emphasis on the new EU Member States and investigates their progress in comparison with ‘old’ EU countries. The book is the first of its kind to include and evaluate the effects of the global financial crisis on the process of EU financial integration. In particular, the book’s contributors address the issue of whether a high degree of financial integration contributed to the intensification of the financial crisis, or whether a low level of integration prevented countries and financial industries from some of the negative effects of the crisis. Although most of the chapters apply contemporary econometric tools, the technical part is always reduced to indispensable minimum and the emphasis is given to economic interpretation of the results. The book aims to offer an up to date and insightful examination of the process of financial integration in the EU today.

Author : Anonim
Publisher : Unknown
Page : 128 pages
File Size : 54,7 Mb
Release : 2013
Category : Electronic
ISBN : OCLC:1275032095

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Financial Integration in the European Union by Anonim Pdf

Author : Sławomir Ireneusz Bukowski
Publisher : Routledge
Page : 126 pages
File Size : 49,8 Mb
Release : 2019-11-21
Category : Business & Economics
ISBN : 9780429575617

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Financial Integration in the European Monetary Union by Sławomir Ireneusz Bukowski Pdf

This book introduces readers to the world of international financial markets and their integration on a global and regional scale. The author presents the theoretical and practical issues concerning the processes of financial market integration, with a particular focus on the monetary union. The empirical research results are based on econometric modeling, thus simplifying them for a non-specialist audience, who can instead concentrate on the author’s conclusions, which comprise the results of these complicated research methods. The author outlines the role and functions of financial markets in the economy, in particular the relationship between financial intermediaries and financial markets and tackles the question of integration of new EU member countries’ financial markets within the eurozone. The integration of financial markets in an international context is inevitable, and the author argues that we must learn how to benefit from it from in terms of economic growth. This book will be a valuable resource for students of economics and finance, particularly those studying financial management and international business and finance, as well as professionals in these fields. Further, this book will be of interest to anyone looking to discover more about the problems of globalization and the integration of financial markets into the modern economy.

Author : Mr.Charles Enoch,Mr.Luc Everaert,Mr.Thierry Tressel,Ms.Jianping Zhou
Publisher : International Monetary Fund
Page : 524 pages
File Size : 49,7 Mb
Release : 2013-12-11
Category : Business & Economics
ISBN : 9781475570311

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From Fragmentation to Financial Integration in Europe by Mr.Charles Enoch,Mr.Luc Everaert,Mr.Thierry Tressel,Ms.Jianping Zhou Pdf

From Fragmentation to Financial Integration in Europe is a comprehensive study of the European Union financial system. It provides an overview of the issues central to securing a safer financial system for the European Union and looks at the responses to the global financial crisis, both at the macro level—the pendulum of financial integration and fragmentation—and at the micro level—the institutional reforms that are taking place to address the crisis. The emerging financial sector management infrastructure, including the proposed Single Supervisory Mechanism and other elements of a banking union for the euro area, are also discussed in detail.

Author : Paul J.J. Welfens,Cillian Ryan
Publisher : Springer Science & Business Media
Page : 411 pages
File Size : 40,7 Mb
Release : 2011-02-14
Category : Business & Economics
ISBN : 9783642162749

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Financial Market Integration and Growth by Paul J.J. Welfens,Cillian Ryan Pdf

Financial capital, whether mediated through the financial market or Foreign Direct Investment has been a key factor in European economic growth. This book examines the interaction between European and global financial integration and analyses the dynamics of the monetary sector and the real economy in Europe. The key analytical focus is on the theoretical and empirical dynamics of financial markets in Europe, however, it also provides regional case studies of key institutional developments and lessons from foreign direct investment. There is a broad range of findings for Central, Eastern and Western Europe as well as EU Partner Countries. Crucially the analysis includes new approaches and options for solving the transatlantic banking crisis and suggests policy innovations for a world with unstable financial markets.

Author : Mr.Jörg Decressin,Mr.Wim Fonteyne,Mr.Hamid Faruqee
Publisher : International Monetary Fund
Page : 281 pages
File Size : 42,6 Mb
Release : 2007-09-12
Category : Business & Economics
ISBN : 9781589066236

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Integrating Europe's Financial Markets by Mr.Jörg Decressin,Mr.Wim Fonteyne,Mr.Hamid Faruqee Pdf

By and large, EU financial integration has been a success story. Still, the reform agenda is far from finished. What are the remaining challenges? 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 European Union 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.

Author : Johannes J. Lemmen
Publisher : Unknown
Page : 208 pages
File Size : 52,7 Mb
Release : 1996
Category : Europe
ISBN : 9056680218

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Financial integration in the European Union : measurement and determination by Johannes J. Lemmen Pdf

Author : Paul J.J. Welfens,Cillian Ryan
Publisher : Springer
Page : 387 pages
File Size : 51,5 Mb
Release : 2011-02-23
Category : Business & Economics
ISBN : 3642162754

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Financial Market Integration and Growth by Paul J.J. Welfens,Cillian Ryan Pdf

Financial capital, whether mediated through the financial market or Foreign Direct Investment has been a key factor in European economic growth. This book examines the interaction between European and global financial integration and analyses the dynamics of the monetary sector and the real economy in Europe. The key analytical focus is on the theoretical and empirical dynamics of financial markets in Europe, however, it also provides regional case studies of key institutional developments and lessons from foreign direct investment. There is a broad range of findings for Central, Eastern and Western Europe as well as EU Partner Countries. Crucially the analysis includes new approaches and options for solving the transatlantic banking crisis and suggests policy innovations for a world with unstable financial markets.

Author : Jonathan Story,Ingo Walter
Publisher : Manchester University Press
Page : 356 pages
File Size : 49,6 Mb
Release : 1997
Category : European Union countries
ISBN : 0719043131

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Political Economy of Financial Integration in Europe by Jonathan Story,Ingo Walter Pdf

This volume traces the political, financial and economic steps towards financial union in Europe, focusing on the political economy of the process - notably the dynamics of a Europe of sovereign states.

Author : International Monetary Fund. Monetary and Capital Markets Department
Publisher : International Monetary Fund
Page : 38 pages
File Size : 51,9 Mb
Release : 2013-03-15
Category : Business & Economics
ISBN : 9781475546149

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European Union by International Monetary Fund. Monetary and Capital Markets Department Pdf

In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country.

Author : Richard Pomfret
Publisher : Harvard University Press
Page : 273 pages
File Size : 51,9 Mb
Release : 2021-06-08
Category : Business & Economics
ISBN : 9780674259430

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The Economic Integration of Europe by Richard Pomfret Pdf

The clearest and most up-to-date account of the achievements—and setbacks—of the European Union since 1945. Europe has been transformed since the Second World War. No longer a checkerboard of entirely sovereign states, the continent has become the largest single-market area in the world, with most of its members ceding certain economic and political powers to the central government of the European Union. This shift is the product of world-historical change, but the process is not well understood. The changes came in fits and starts. There was no single blueprint for reform; rather, the EU is the result of endless political turmoil and dazzling bureaucratic gymnastics. As Brexit demonstrates, there are occasional steps backward, too. Cutting through the complexity, Richard Pomfret presents a uniquely clear and comprehensive analysis of an incredible achievement in economic cooperation. The Economic Integration of Europe follows all the major steps in the creation of the single market since the postwar establishment of the European Coal and Steel Community. Pomfret identifies four stages of development: the creation of a customs union, the deepening of economic union with the Single Market, the years of monetary union and eastward expansion, and, finally, problems of consolidation. Throughout, he details the economic benefits, costs, and controversies associated with each step in the evolution of the EU. What lies ahead? Pomfret concludes that, for all its problems, Europe has grown more prosperous from integration and is likely to increase its power on the global stage.

Author : Alberto Giovannini,Colin Mayer,Centre for Economic Policy Research (Great Britain),Istituto mobiliare italiano
Publisher : Cambridge University Press
Page : 380 pages
File Size : 45,8 Mb
Release : 1991
Category : Business & Economics
ISBN : 0521428904

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European Financial Integration by Alberto Giovannini,Colin Mayer,Centre for Economic Policy Research (Great Britain),Istituto mobiliare italiano Pdf

Leading international experts examine the implications of integration for the monetary structure of the European community.

Author : Erik Jones,Francisco Torres
Publisher : Routledge
Page : 178 pages
File Size : 42,6 Mb
Release : 2018-02-05
Category : Political Science
ISBN : 9781317203377

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Governance of the European Monetary Union by Erik Jones,Francisco Torres Pdf

The crisis in the euro area is a defining moment in the history of European integration. It has revealed major flaws in the architecture of the European Union; it has challenged European institutions to shape an appropriate response; and it has tested the patience of a European public that is eager to see their economic prospects improve again. This volume brings together some of the world’s top economists and policymakers to explain how this crisis came about and what is to be done. The policy agenda these chapters establish is going to be difficult to implement, not least because of popular misunderstanding and political opposition. This book argues, that it is essential that European policymakers push forward this agenda or they run the risk of seeing Europe’s economies fall back into crisis. This book was previously published as a special issue of the Journal of European Integration.

Author : Étienne Sadi Kirschen,Henry Simon Bloch,William Bruce Bassett
Publisher : Unknown
Page : 178 pages
File Size : 54,6 Mb
Release : 1969
Category : Business & Economics
ISBN : UOM:39015038667997

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Financial Integration in Western Europe by Étienne Sadi Kirschen,Henry Simon Bloch,William Bruce Bassett Pdf

A study sponsored jointly by the School of International Affairs, Columbia University, and the Institute of Applied Economics, Université libre of Brussels. Bibliographical footnotes.

Author : Lars Oxelheim
Publisher : Springer Science & Business Media
Page : 404 pages
File Size : 48,9 Mb
Release : 2012-12-06
Category : Business & Economics
ISBN : 9783642612930

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International Financial Integration by Lars Oxelheim Pdf

There is widespread agreement in the current social and economic debate that the nations of the world are becoming increasingly integrated. Many structural signs in society also suggest that this is so. Integration has become a catchword in the prepara tions for the internal market of the EC, and a keynote in the debate about association for the European countries which do not belong to the Community. But when we turn to the question of how this integration should be measured, there is very little con sensus. Instead there are numerous problems, not only about how to measure integra tion but even about how to define it. In this book I shall discuss the import and implications of a particular type of integration, namely financial integration, and then look at the most important problems connected with measuring it. In the empirical investigation reported below I felt the need for an integrated micro-macro approach. Further, I decided to illustrate the measurement problems by studying a small and relatively open economy where exchange controls have been imposed by the government in an attempt to reduce the flow of interest-sensitive capital out of the country, and thus to acquire autonomy for the national monetary policy. An interview study has been carried out with a view to illustrating among other things how expectations are formed among the major actors on the financial market, and this provided additional input for an analysis of the level of financial integration.