Format:
1 Online-Ressource (xxi, 348 pages)
,
digital, PDF file(s)
ISBN:
9780511752070
Content:
Capital markets are affected at least as much as goods markets by the European Community's drive for greater economic integration. The removal of capital controls on 1 July 1990 has far-reaching consequences for the EMS and for cross-border investment, and plans for economic and monetary union foreshadow fundamental upheavals at the heart of the financial system, in central banking and monetary and fiscal policy. This volume reports the proceedings of a conference on European financial integration held in Rome in January 1990, which was organised by the Centre for Economic Policy Research and the Instituto Mobiliare Italiano. In this volume, leading international experts examine the implications of integration for the structure and regulation of capital markets, the changing relationships between the corporate and banking sectors throughout the Community, the distortionary effects of differing taxation policies among member states and possible means of overcoming them, and alternative routes to European monetary union
Content:
Banking competition and European integration / Xavier Vives -- Banking, financial intermediation, and corporate finance / Martin Hellwig -- How (not) to integrate the European capital markets / Yakov Amihud and Haim Mendelson -- European financial regulation : a framework for policy analysis / Colin Mayer and Damien Neven -- Corporate mergers in international economic integration / Richard E. Caves -- Capital flight and tax competition : are there viable solutions to both problems? / Alberto Giovannini and James R. Hines, Jr. -- Reflections on the fiscal implications of a common currency / Willem H. Buiter and Kenneth M. Kletzer -- Currency competition and the transition to monetary union : does competition between currencies lead to price level and exchange-rate stability? / Michael Woodford -- Currency competition and the transition to monetary union : currency competition and the evolution of multi-currency regions / Philippe Weil -- Problems of European monetary integration / Rudiger Dornbusch
Note:
Title from publisher's bibliographic system (viewed on 05 Oct 2015)
Additional Edition:
ISBN 9780521402446
Additional Edition:
ISBN 9780521428903
Additional Edition:
Erscheint auch als Druck-Ausgabe ISBN 9780521402446
Language:
English
DOI:
10.1017/CBO9780511752070
URL:
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