Globalization of Financial Markets

Causes of Incomplete Integration and Consequences for Economic Policy

Paperback Engels 2010 9783642073687
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 The internationalization of financial markets is one of the focal points in the discussion about recent globalization trends. These discussions suggest that capital can move freely between countries. However, there is ample evidence that national borders do matter and that there are many implicit and explicit barriers to integration. Understanding the factors that unify and that separate financial markets and thus reconciling these two stylized facts is at the core of this book. While the main focus of the empirical work is on banking industry, results are yet informative also with regard to developments in other financial market segments. Also, the book uses European financial integration as a case study for general integration trends.

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ISBN13:9783642073687
Taal:Engels
Bindwijze:Paperback
Aantal pagina's:252
Uitgever:Springer Berlin Heidelberg

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          Globalization of Financial Markets