The competition between European financial centres is a subject of
spirited public debate. Has the introduction of the Euro undermined
London's position? Does tax competition disadvantage some European
centres? Should the regulation of institutional investment be
changed? Is it a good policy for governments to promote their
national financial centres? And would the UK joining the European
monetary union threaten the position of other European centres?
These are some of the questions confronting policymakers and
industry players. This book provides a firm empirical basis for
examining these issues and provides a means to compare the
efficiency, performance and future potential of the main European
financial centres.
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