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Prospects for The European Financial System
Oleh:
Hendriks, Marc
Jenis:
Article from Bulletin/Magazine
Dalam koleksi:
BUSINESS ECONOMICS vol. 30 no. 3 (1995)
,
page 11-16.
Topik:
financial system
;
european financial system
Ketersediaan
Perpustakaan Pusat (Semanggi)
Nomor Panggil:
BB20.2
Non-tandon:
1 (dapat dipinjam: 0)
Tandon:
tidak ada
Lihat Detail Induk
Isi artikel
European policy makers are seeking to mold the european financial system by pursuing the goal of a single currency and a single european central bank. Recent economic and political developments, however, have made the goal of monetary union appear increasingly elusive. This article highlights some of the difficulties for monetary union and proposes key factors that need to be in place for monetary union to be successful. The author suggests an equally viable alternative to the "official" route to monetary union, which the capital markets are suggesting is more likely. Finally, attention is drawn to parallel developments in the global financial system are not solely european in nature.
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