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商品詳細
Globalization of Financial Markets : Causes of Incomplete Integration and Consequences for Economic Policy. 金融市場のグローバル化 －不完全統合の原因と経済政策にとっての結果－
・ISBN 978-3-540-40637-2 hard EUR 99.99
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| 著者・編者 | Buch, Claudia M., |
|---|---|
| シリーズ | Kieler Studien - Kiel Studies |
| 出版社 | (Springer, GW) |
| 出版年月 | 2004 |
| ページ数 | 249 pp. |
| 言語 | ENG |
| ニュース番号 | ＜503-208 505-310＞ |
解説
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.