Artikel

The role and development of EU capital markets

The 1992 'Single Market' failed to create a real single market for financial services across Europe. However, the boom in bond issuance (stimulated by EMU) and the coincidental equity issuance boom have both led to dramatic changes in the infrastructure of financial markets. So, the EU is well past the point of no return in the creation of a single financial market. If regulatory reform can be certain, and coincide with the rising pillars of reform in the dealing and settlement systems, then a dramatic revolution of European financial services will have been achieved - within a decade of the start of EMU.

Language
Englisch

Bibliographic citation
Journal: EIB Papers ; ISSN: 0257-7755 ; Volume: 8 ; Year: 2003 ; Issue: 1 ; Pages: 57-75 ; Luxembourg: European Investment Bank (EIB)

Classification
Wirtschaft
Subject
Finanzmarkt
EU-Binnenmarkt
Marktintegration
EU-Staaten

Event
Geistige Schöpfung
(who)
Bishop, Graham
Event
Veröffentlichung
(who)
European Investment Bank (EIB)
(where)
Luxembourg
(when)
2003

Handle
Last update
10.03.2025, 11:45 AM CET

Data provider

This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.

Object type

  • Artikel

Associated

  • Bishop, Graham
  • European Investment Bank (EIB)

Time of origin

  • 2003

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