Abstract
The theme of the Colloquium is international financial integration and specifically the European dimension. The usual focus is upon three areas: exchange rate mechanisms (notably the EMS), aspects of policy integration and financial integration induced via arbitrage in traded asset markets. This paper is different in two respects in that it fopuses upon a different (though related) concept of financial integration, and it argues that the specifically European dimension is largely irrelevant and overwhelmed by a global dimension.
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© 1988 by Martinus Nijhoff Publishers, Dordrecht
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Llewellyn, D.T. (1988). Financial intermediation and systems: global integration. In: Fair, D.E., de Boissieu, C. (eds) International Monetary and Financial Integration — The European Dimension. Financial and Monetary Policy Studies, vol 14. Springer, Dordrecht. https://doi.org/10.1007/978-94-009-3651-5_16
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DOI: https://doi.org/10.1007/978-94-009-3651-5_16
Publisher Name: Springer, Dordrecht
Print ISBN: 978-94-010-8133-7
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