The Euro Capital Market

by Gros, Daniel; Lannoo, Karel

• ISBN13: 9780471997627
• ISBN10: 0471997625
• Edition: 1st
• Format: Hardcover
• Copyright: 2000-01-21
• Publisher: WILEY

Summary

* The consequences for governance and policy, and more in particular for the taxation of savings income, securities market regulation and financial supervision

Author Biography

Daniel Gros is Deputy Director and Senior Research Fellow at the Centre for European Policy Studies (CEPS), where he heads the Economic Policy Department. He has served on the staff of the International Monetary Fund, as an advisor to the European Commission and as a visiting Professor at the universities of Frankfurt and Leuven. He has advised the Governments of Russia, Belarus and Ukraine. Karel Lannoo is Senior Research Fellow at the Centre for European Policy Studies, directing the EU Policies and Business Strategies Unit. He has published widely on European policy matters, financial market integration and corporate governance. He is a regular contributor to the Financial Times’ Financial Regulation Report and is a member of the European Shadow Financial Regulatory Committee.

Table of Contents

1.Institutional framework for the common monetary policy.

2.Monetary policy for the Euro.

3.Public debt.

4.Seignorage.

5.European capital markets: an overview.

6.Intermediaries in European Capital Markets.

7.Expected changes under European Monetary Union.

8.The effects on markets and intermediaries.

9.Inconsistencies with a Single Capital Market.

10.The implications of EMU for capital market supervision.

11.The implications of EMU for Prudential Control.

12.Conclusion.

13.Appendices.

Glossary.