From Fragmentation to Financial Integration in Europe

From Fragmentation to Financial Integration in Europe PDF Author: Mr.Charles Enoch
Publisher: International Monetary Fund
ISBN: 1475570317
Category : Business & Economics
Languages : en
Pages : 524

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Book Description
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.

From Fragmentation to Financial Integration in Europe

From Fragmentation to Financial Integration in Europe PDF Author: Mr.Charles Enoch
Publisher: International Monetary Fund
ISBN: 1475570317
Category : Business & Economics
Languages : en
Pages : 524

Get Book Here

Book Description
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.

From Fragmentation to Financial Integration in Europe

From Fragmentation to Financial Integration in Europe PDF Author: Mr.Charles Enoch
Publisher: International Monetary Fund
ISBN: 148438766X
Category : Business & Economics
Languages : en
Pages : 524

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Book Description
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.

A Banking Union for the Euro Area

A Banking Union for the Euro Area PDF Author: Rishi Goyal
Publisher: International Monetary Fund
ISBN: 1475569823
Category : Business & Economics
Languages : en
Pages : 31

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Book Description
The SDN elaborates the case for, and the design of, a banking union for the euro area. It discusses the benefits and costs of a banking union, presents a steady state view of the banking union, elaborates difficult transition issues, and briefly discusses broader EU issues. As such, it assesses current plans and provides advice. It is accompanied by three background technical notes that analyze in depth the various elements of the banking union: a single supervisory framework; a single resolution and common safety net; and urgent issues related to repair of weak banks in Europe.

The Transformation of the European Financial System

The Transformation of the European Financial System PDF Author: Vitor Gaspar
Publisher:
ISBN: 9789291813483
Category : Banks and banking
Languages : en
Pages : 334

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Book Description


Fragmented Power

Fragmented Power PDF Author: André Sapir
Publisher:
ISBN: 9789078910046
Category : European Union countries
Languages : en
Pages : 332

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Book Description
The European Union is the world's largest economic entity, with half a billion people and a gross domestic product slightly larger than the United States. It is the largest exporter, the largest foreign aid donor, the largest source of foreign investment, and a magnet for migrants. But its decision-making powers are often fragmented and ineffective. To date there has been no comprehensive study of European international economic relations. This book fills that gap. It examines the main areas of Europe's foreign economic policy: trade, development, external competition policy, migration, and external energy/environment policy. This book explains why it is time for the EU to wake up to its global responsibilities, and why, in the absence of reform of its governance system, Europe risks remaining a fragmented power.

Achieving Market Integration

Achieving Market Integration PDF Author: Scott McCleskey
Publisher: Butterworth-Heinemann
ISBN: 9780750657457
Category : Business & Economics
Languages : en
Pages : 184

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Book Description
Providing an overview of the infrastructure of European Securities markets, this text offers topical analysis of developments and trends in market integration. The author provides industry professionals with a concise exposition of how the post-Euro market works, as well as offering laymen an entry point into the subject. Topics include: wholesale electronic execution; central counterpart clearing; and consolidation of the securities depositories.

Correspondent Central Banking Model (CCBM)

Correspondent Central Banking Model (CCBM) PDF Author: European Central Bank
Publisher:
ISBN:
Category : Clearing of securities
Languages : en
Pages : 26

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Book Description


Uniting of Europe

Uniting of Europe PDF Author: Ernst B. Haas
Publisher:
ISBN: 9780268201685
Category : POLITICAL SCIENCE
Languages : en
Pages : 642

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Book Description
The University of Notre Dame Press is pleased to bring Ernst Haas's classic work on European integration, The Uniting of Europe, back into print. First published in 1958 and last printed in 1968, this seminal volume is the starting point for anyone interested in the pre-history of the European Union. Haas uses the European Coal and Steel Community (ECSC) as a case study of the community formation processes that occur across traditional national and state boundaries. Haas points to the ECSC as an example of an organization with the "power to redirect the loyalties and expectations of political actors." In this pathbreaking book Haas contends that, based on his observations of the actual integration process, the idea of a "united Europe" took root in the years immediately following World War II. His careful and rigorous analysis tracks the development of the ECSC, including, in his 1968 preface, a discussion of the eventual loss of the individual identity of the ECSC through its absorption into the new European Community. Featuring a new introduction by Haas analyzing the impact of his book over time, as well as an updated bibliography, The Uniting of Europe is a must-have for political scientists and historians of modern and contemporary Europe. This book is the inaugural volume of Notre Dame's new Contemporary European Politics and Society Series.

Financial Integration in the European Union

Financial Integration in the European Union PDF Author: Roman Matoušek
Publisher: Routledge
ISBN: 1136339698
Category : Business & Economics
Languages : en
Pages : 361

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Book Description
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.

Effectiveness and Channels of Macroprudential Instruments

Effectiveness and Channels of Macroprudential Instruments PDF Author: Mr.Thierry Tressel
Publisher: International Monetary Fund
ISBN: 1513547402
Category : Business & Economics
Languages : en
Pages : 32

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Book Description
The crisis has highlighted the importance of setting up macro-prudential oversight frameworks, having effective macro-prudential instruments in place to be called upon to mitigate growing financial imbalances as needed. We develop a new approach using the euro area Bank Lending Survey to assess the effectiveness of macro-prudential policies in containing credit growth and house price appreciation in mortgage markets. We find instruments targeting the cost of bank capital most effective in slowing down mortgage credit growth, and that the impact is transmitted mainly through price margins, the same banking channel as monetary policy. Limits on loan-to-value ratios are also effective, especially when monetary policy is excessively loose.