1.

Record Nr.

UNINA9910780744403321

Autore

Decressin Jörg

Titolo

Integrating Europe's Financial Markets / / Jörg Decressin, Wim Fonteyne, Hamid Faruqee

Pubbl/distr/stampa

Washington, D.C. : , : International Monetary Fund, , 2007

ISBN

1-4623-8857-4

1-4527-9474-X

1-283-53464-9

9786613847096

1-4519-3175-1

Descrizione fisica

1 online resource (510 p.)

Altri autori (Persone)

FonteyneWim

FaruqeeHamid

Soggetti

Finance - Europe

Capital market - Europe

Financial institutions - Europe

Banks and Banking

Finance: General

Financial Risk Management

Investments: Stocks

Industries: Financial Services

Accounting

Investments: General

Insurance

General Financial Markets: General (includes Measurement and Data)

Banks

Depository Institutions

Micro Finance Institutions

Mortgages

General Financial Markets: Government Policy and Regulation

Financial Institutions and Services: Government Policy and Regulation

Pension Funds

Non-bank Financial Institutions

Financial Instruments

Institutional Investors

Bankruptcy

Liquidation

Finance



Banking

Investment & securities

Economic & financial crises & disasters

Insurance & actuarial studies

Macroeconomics

Financial reporting, financial statements

Stock markets

Financial sector stability

Financial integration

Financial services

Financial markets

Financial sector policy and analysis

Competition

Banks and banking

Financial services industry

Stock exchanges

International finance

Capital market

European Union countries Economic integration

United States

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references (p. 238-261).

Nota di contenuto

Toward a single financial market / Wim Fonteyne -- ; Pt. 1. Financial integration -- Key concepts, benefits, and risks / Hamid Faruqee -- Current state of play / François Haas -- Comparing Europe and the United States / Jörg Decressin and Beata Kudela -- Equity market integration / Hamid Faruqee -- ; Pt. 2. Financial stability -- Risk profiles of financial institutions / Alexander Tieman, Gianni De Nicolò, and Robert Corker -- Internationally active large banking groups / Alexander Tieman and Martin Čihák -- Bank business correlations / Jörg Decressin -- Assessing current prudential arrangements / Martin Čihák and Alexander Tieman -- Financial integration and stability / Wim Fonteyne and Jan-Willem van der Vossen.

Sommario/riassunto

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.