Integrating Europe's financial markets
By: edited by Jörg Decressin, Hamid Faruqee, and Wim Fonteyne.
Contributors: Decressin, Jörg.; Faruqee, Hamid.; Fonteyne, Wim.; International Monetary Fund.
Publisher: International Monetary Fund
Published: 2007
Place of publication: Washington, D.C
Language: eng
Number of pages: 261
ISBN-13: 9781589066236
Subjects: European Union -- Economic integration; Finance -- Europe; Capital market -- Europe; Financial institutions -- Europe
Description: 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.
Notes: Includes bibliographical references (p. 238-261).
Table of contents: title: Wim Fonteyne -- Pt. 1. Financial integration; title: Wim Fonteyne -- Pt. 1. Financial integration -- Hamid Faruqee; title: Wim Fonteyne -- Pt. 1. Financial integration -- Hamid Faruqee -- François Haas; title: Wim Fonteyne -- Pt. 1. Financial integration -- Hamid Faruqee -- François Haas -- Jörg Decressin and Beata Kudela; title: Wim Fonteyne -- Pt. 1. Financial integration -- Hamid Faruqee -- François Haas -- Jörg Decressin and Beata Kudela -- Hamid Faruqee -- Pt. 2. Financial stability; title: Wim Fonteyne -- Pt. 1. Financial integration -- Hamid Faruqee -- François Haas -- Jörg Decressin and Beata Kudela -- Hamid Faruqee -- Pt. 2. Financial stability -- Alexander Tieman, Gianni De Nicolò, and Robert Corker; title: Wim Fonteyne -- Pt. 1. Financial integration -- Hamid Faruqee -- François Haas -- Jörg Decressin and Beata Kudela -- Hamid Faruqee -- Pt. 2. Financial stability -- Alexander Tieman, Gianni De Nicolò, and Robert Corker -- Alexander Tieman and Martin Čihák; title: Wim Fonteyne -- Pt. 1. Financial integration -- Hamid Faruqee -- François Haas -- Jörg Decressin and Beata Kudela -- Hamid Faruqee -- Pt. 2. Financial stability -- Alexander Tieman, Gianni De Nicolò, and Robert Corker -- Alexander Tieman and Martin Čihák -- Jörg Decressin; title: Wim Fonteyne -- Pt. 1. Financial integration -- Hamid Faruqee -- François Haas -- Jörg Decressin and Beata Kudela -- Hamid Faruqee -- Pt. 2. Financial stability -- Alexander Tieman, Gianni De Nicolò, and Robert Corker -- Alexander Tieman and Martin Čihák -- Jörg Decressin -- Martin Čihák and Alexander Tieman; title: Wim Fonteyne-- Pt. 1. Financial integration-- Hamid Faruqee-- François Haas-- Jörg Decressin and Beata Kudela-- Hamid Faruqee-- Pt. 2. Financial stability-- 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.