Author: Rolf H. HassePublisher:
ISBN:
Category :
Languages : de
Pages : 46
Book Description
Costs and benefits of financial integration in Europe
Author: Rolf H. HasseCosts and Benefits of Financial Integration in Europe
Author: Rolf HasseReport on Financial Structures
Author: European Central BankPublisher:
ISBN:
Category : Aktiemarkeder
Languages : en
Pages : 376
Book Description
Financial Integration in the Euro Area
Author: Integrating Europe's Financial Markets
Author: Mr.Jörg DecressinPublisher: International Monetary Fund
ISBN: 1589066235
Category : Business & Economics
Languages : en
Pages : 281
Book 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? 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.
Financial Integration in Europe
Author: Harald A. BeninkPublisher: Springer Science & Business Media
ISBN: 9401118388
Category : Business & Economics
Languages : en
Pages : 212
Book Description
One of the key issues relating to the perfonnance of national economies is the efficiency of the financial system which stands at the heart of the capital-allocation process. There are two aspects which define efficiency. Static efficiency involves the ali-in difference between rates of return provided to ultimate savers and the cost of funds to users. This 'gap', or spread, reflects the direct costs of production (operating and administrative costs, cost of capital, etc.). It also reflects losses incurred in the financial process, as well as any monopoly profits earned and liquidity premiums. Financial processes that are considered 'statically inefficient' are usually characterised by high 'spreads' due to high overhead costs, high losses, barriers to entry, and the like. Dynamic efficiency is characterised by high rates of financial product and process innovation through time. Successful product and process innovation broadens the menu of financial products available to ultimate issuers, ultimate savers, or other agents along the various financial process channels described above. Probably the most powerful catalyst affecting the competitive dynamics of the financial services industry has been technological change.
Benefits and Costs of International Financial Integration
Author: Pierre-Richard AgénorPublisher: World Bank Publications
ISBN:
Category : Capital movements
Languages : en
Pages : 68
Book Description
This literature review joins with recent studies in arguing that financial integration must be carefully prepared and managed to ensure that the benefits outweigh the short-run risks. But in contrast with some other studies, it adopts a more skeptical view of the benefits of capital flows other than foreign direct investment.
European Financial Integration
Author: Alberto GiovanniniPublisher: Cambridge University Press
ISBN: 9780521428903
Category : Business & Economics
Languages : en
Pages : 380
Book Description
Leading international experts examine the implications of integration for the monetary structure of the European community.
Financial Integration, Specialization and Systemic Risk
Author: Falko FechtPublisher:
ISBN: 9783865584663
Category :
Languages : en
Pages : 0
Book Description
Regaining Global Stability After the Financial Crisis
Author: Sergi, BrunoPublisher: IGI Global
ISBN: 152254027X
Category : Business & Economics
Languages : en
Pages : 409
Book Description
The prosperity and stability of any economic structure is reliant upon a foundation of secure systems that regulate the movement of money across the globe. These structures have become an integral part of contemporary society by reducing monetary risk and increasing financial security. Regaining Global Stability After the Financial Crisis is a critical scholarly publication that examines the after-effects of the economic slowdown and the steps that have been taken to overcome the consequences of the slowdown as well as strategies to reduce its impact on economies and societies. Highlighting a wide range of topics including economic convergence, risk management, and public policy for financial stability, this book is geared toward academicians, practitioners, students, managers, and professionals in the financial sector seeking current research on regaining a sense of safety and security after a time of economic crisis.