Cover of World financial markets after 1992

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World financial markets after 1992

In the context of European economic integration, 1992 is a watershed. By the end of the year, separate national financial systems will have been integrated into a single EEC-wide market for financial services. The papers collected in this volume provide a comprehensive analysis of the challenges and opportunities implied by this integration for Europe as well as for the global financial system. Renowned specialists in international finance examine issues such as the welfare gains to EEC countries from the integration process, the impact on financial institutions in non-member countries, the...

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