Author: O. De BandtPublisher:
ISBN:
Category :
Languages : en
Pages :
Book Description
EMU and the Structure of the European Banking System
Author: O. De BandtEMU and the Structure of the European Banking System : SUERF Colloquium on "The Euro : a Challenge and Opportunity for Financial Markets", Frankfurt, October 15-17, 1998
Author: Olivier De BandtBanking in the New Europe
Author: Edward P.M. GardenerPublisher: Springer
ISBN: 0230599990
Category : Business & Economics
Languages : en
Pages : 353
Book Description
The completion of the European Single Market Programme (SMP) and the launch of 'Euroland' are bold statements on the European Union and its future. Within this economic process, the particular importance of the banking and financial services sectors is widely emphasized. This collection explores the strategic impact of the Single Market Programme and European Monetary Union on European banks and banking systems. The contributors examine eleven banking systems: Belgium, Denmark, France, Germany, Greece, Ireland, Italy, Netherlands, Portugal, Spain and the United Kingdom. Thoroughly up-to-date and with a common thematic overview of major trends in European banking systems, this book covers key strategic developments, structural changes, performance trends and strategies.
The European System of Central Banks
Author: Barbara DutzlerPublisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 324
Book Description
With the communitarisation of monetary policy and the establishment of a European Central Bank (ECB), the idea of insulating a central bank from the political process was realised to a degree yet undreamed of. The result, the asymmetric construction of Economic and Monetary Union (EMU), makes it difficult to democratically legitimise the exercise of power by the autonomous actor ECB. In this regard, EMU can be conceived as a parable for the respective difficulties of the European Union. As a still rare example for a combination of juridical and economic point of view, this volume makes this challenge subject of discussion. By means of comparison with the American central banking system, the book probes the ECB's institutional design, attempts to define the ECB's status in EMU, and looks for ways towards a more democratically legitimated economic and monetary policy.
The European Central Bank
Author: Hanspeter K. SchellerPublisher:
ISBN: 9789289900270
Category : Banks and banking, Central
Languages : en
Pages : 229
Book Description
Comprehensive 200-page overview of the ECB from its inception in June 1998 until the present day.
Possible Effects of EMU on the EU Banking Systems in the Medium to Long Term
Author: The Economic and Business Consequences of the EMU
Author: Hubert OoghePublisher: Springer Science & Business Media
ISBN: 1461513839
Category : Business & Economics
Languages : en
Pages : 441
Book Description
The Economic and Business Consequences of the EMU A Challenge for Governments, Financial Institutions and Firms Hubert Ooghe Conference Chairman, Vlerick Leuven Gent Management School alld Ghent University EMU finally got under way on 1 st January 1999. Since then 11 European countries share a common currency, the Euro, and pursue a common monetary policy managed by the European Central Bank (ECB). After forty years of economic integration, Euroland has the wherewithal with which to enter the 21 st century. However monetary union has implications for nearly all areas of economic activity and decision-making. Throughout the academic world researchers are fully occupied with the theoretical analysis of the impact of the Euro and the effects of incorporating the new operational framework into their economic models. Businesses and government departments are concerned primarily with the practical implementation of the single currency. For all those who playa part in the economy, it is a question of making the most of the macro and micro economic opportunities offered by the Euro and minimising any threats. On 17th and 18th March 2000, after the EMU and Euro were in operation for one year, an international conference was held in Ghent (Belgium) on the economic consequences of the introduction of the EMU and the Euro for governments, financial institutions and firms.
The Impact of the EMU on the Structure of European Equity Returns
Author: Thomas KrausEMU, Financial Markets and the World Economy
Author: Thomas MoserPublisher: Springer Science & Business Media
ISBN: 9780792379928
Category : Capital market
Languages : en
Pages : 342
Book Description
The Economic and Monetary Union (EMU) is an event of historic proportions with far-reaching implications in the years to come. The essays in this collection provide an analysis of several theoretical and policy issues associated with these implications. They are organized under four broad issues. Firstly, the likely consequences of the euro for the international monetary system is analyzed, and its role as an international currency and the level and long-run volatility of its rate of exchange against other major currencies is explored. Secondly, the potential long-run impact of the EMU on European capital markets, diversification opportunities, and the analytical framework for equity and fixed income analysts are explored. Thirdly, macroeconomic policy issues resulting from the institutional design of EMU are investigated. Finally, the possible impact of EMU on countries outside the euro area is discussed, particularly on countries in Central and Eastern Europe, in the Mediterranean basin, in Africa, and in the Middle East.
Framing Macroeconomic Policy in EMU and the International Financial Architecture
Author: Nikos GkarnkanasPublisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 120
Book Description