TY  - BOOK
AU  - Decressin,Jörg
AU  - Faruqee,Hamid
AU  - Fonteyne,Wim
ED  - International Monetary Fund.
TI  - Integrating Europe's financial markets
SN  - 9781589066236
AV  - HC241 .I5657 2007
U1  - 332.6094 
PY  - 2007///
CY  - Washington, D.C.
PB  - International Monetary Fund
KW  - Finance
KW  - Financial markets
KW  - Capital market
KW  - European Union -- Economic integration
KW  - Financial institutions
KW  - International Economics.
KW  - European Union countries
N1  - Includes bibliographical references (p. 238-261)
N2  - 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
ER  -