As time elapses since the introduction of the Euro, it is
legitimate to start asking what impact the new currency and the
single monetary policy have had on European integration. This book
provides the most comprehensive review of financial integration in
the euro area. The volume includes an introduction to the
institutional features of the euro area and the literature on
financial integration. It examines developments in the financial
structures at large and moves forward to focus on specific areas
pertaining to financial intermediaries, the bond and equity
markets, and market-based debt finance. It is particularly suited
to researchers and students of developments in the euro area,
central banking, money and banking, as well as international
relations and international business more generally. While the
introductory chapters will help in bringing undergraduates on
board, the later chapters will particularly benefit the early
graduate student as well as the professional observer.
General
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