Financial Market Integration and Growth

Financial Market Integration and Growth PDF

Author: Paul J.J. Welfens

Publisher: Springer Science & Business Media

Published: 2011-02-14

Total Pages: 411

ISBN-13: 3642162746

DOWNLOAD EBOOK →

Financial capital, whether mediated through the financial market or Foreign Direct Investment has been a key factor in European economic growth. This book examines the interaction between European and global financial integration and analyses the dynamics of the monetary sector and the real economy in Europe. The key analytical focus is on the theoretical and empirical dynamics of financial markets in Europe, however, it also provides regional case studies of key institutional developments and lessons from foreign direct investment. There is a broad range of findings for Central, Eastern and Western Europe as well as EU Partner Countries. Crucially the analysis includes new approaches and options for solving the transatlantic banking crisis and suggests policy innovations for a world with unstable financial markets.

Global Capital Markets

Global Capital Markets PDF

Author: Maurice Obstfeld

Publisher: Cambridge University Press

Published: 2004

Total Pages: 386

ISBN-13: 9780521671798

DOWNLOAD EBOOK →

This book is an economic survey of international capital mobility from the late nineteenth century to the present.

Financial Market Integration and Growth

Financial Market Integration and Growth PDF

Author: Paul J.J. Welfens

Publisher: Springer

Published: 2011-02-14

Total Pages: 387

ISBN-13: 9783642162732

DOWNLOAD EBOOK →

Financial capital, whether mediated through the financial market or Foreign Direct Investment has been a key factor in European economic growth. This book examines the interaction between European and global financial integration and analyses the dynamics of the monetary sector and the real economy in Europe. The key analytical focus is on the theoretical and empirical dynamics of financial markets in Europe, however, it also provides regional case studies of key institutional developments and lessons from foreign direct investment. There is a broad range of findings for Central, Eastern and Western Europe as well as EU Partner Countries. Crucially the analysis includes new approaches and options for solving the transatlantic banking crisis and suggests policy innovations for a world with unstable financial markets.

The Gains and Pains of Financial Integration and Trade Liberalization

The Gains and Pains of Financial Integration and Trade Liberalization PDF

Author: Rajib Bhattacharyya

Publisher: Emerald Group Publishing

Published: 2019-11-26

Total Pages: 201

ISBN-13: 1838670068

DOWNLOAD EBOOK →

Geared towards policy makers, researchers, academics, and business and management professionals, The Gains and Pains of Financial Integration and Trade Liberalization helps readers develop new theories and models for analysing the future trends in finance and trade-related issues.

Integrating Europe's Financial Markets

Integrating Europe's Financial Markets PDF

Author: Mr.Jörg Decressin

Publisher: International Monetary Fund

Published: 2007-09-12

Total Pages: 281

ISBN-13: 1589066235

DOWNLOAD EBOOK →

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.

Financial Market Integration, Corporate Financing and Economic Growth

Financial Market Integration, Corporate Financing and Economic Growth PDF

Author: Mariassunta Giannetti

Publisher:

Published: 2002

Total Pages: 96

ISBN-13:

DOWNLOAD EBOOK →

Recoge: 1. Overview of the study - 2. A critical assessment of existing literature - 3. Estimating the relation between finance and growth - 4. Industry-level data and results - 5. Assessing the impact of financial integration on growth - 6. Firm-level data and results - 7. Summary and conclusions.

Global Stock Market Integration

Global Stock Market Integration PDF

Author: Sabur Mollah

Publisher: Springer

Published: 2016-02-10

Total Pages: 172

ISBN-13: 1137367547

DOWNLOAD EBOOK →

Stock market integration between developing and emerging markets has numerous benefits for creating a global - yet stable - world economy. It increases competition and the efficiency of local markets, in turn reducing price volatility and the cost of capital among integrated markets. It also generates capital flows, which enhance financial stability and spur economic growth. At its core, stock market integration has an important role to play in both developing and emerging markets still reeling from the global financial crisis. Global Stock Market Integration analyzes the financial makeup of developing and emerging markets around the world, providing empirical insights into market integration, co-movements in price, crises, and efficiency linkages. Mobarek and Mollah argue that the relationship between market integration and market efficiency within developing and emerging countries is not the only measure necessary for effecting real financial growth. This work brings the review of theories and empirical research on the topic up-to-date and expands the existing literature with new perspectives on developed and emerging markets.

The Knowledge Problems of European Financial Market Integration

The Knowledge Problems of European Financial Market Integration PDF

Author: Troels Krarup

Publisher: Taylor & Francis

Published: 2023-08-18

Total Pages: 169

ISBN-13: 1000933202

DOWNLOAD EBOOK →

Since the creation of the euro and a European Central Bank, the European Union has persistently pursued financial market integration throughout periods of economic growth, membership enlargements, financial breakdown, and political crisis. While traditionally analysed in terms of clashing ideological orientations and strategic political interests, this book presents a novel and empirically grounded perspective on the issues around financial market integration by approaching them in terms of the knowledge problems that actors face. Drawing on European legal texts, policy documents and interviews with regulators, central bankers, and financial market professionals, this book is rich in empirical detail which reveals a close-knit set of knowledge problems, or paradoxes, of ‘the market’. These paradoxes are irreducible to a particular political ideology or national interests because they are rooted in the conceptual structure of the European treaties. Moreover, while these knowledge problems present themselves as uncertainties, tensions, and conflicts in practice, they also echo persistent conceptual and theoretical controversies in the field of economics. Indeed, this book demonstrates how ‘the market’ is adopted from economic theory into European treaty law, resulting in central bankers and regulators struggling with knowledge problems and conflicts paralleling classic debates in the academic discipline. This book will be of significant interest to political economists working on European economic integration and money and finance as well as readers of heterodox economics, economic sociology, and political and social theory more broadly.

Lanterna Rally - Theme by Grace Themes