Complementing Europe's bank-based system with deeper capital markets and more cross-
border financial integration promises benefits, but despite long-running debate and policy …

This paper examines the European Union's strategy of governing the economy through
financial markets by focusing on the largely unacknowledged role of public development …

There are many factors that affect Indonesian public listed companies stock prices.
Macroeconomic factors are crucial for any change in national capital markets. The aim of this …

2 Of the three classical functions of fiscal policy–provision of public goods, redistribution and
stabilisation–only the last provides a clear justification for fiscal policy at euro-area level …

Is Brexit the beginning of the end for the EU? Fully updated and revised, this new edition of
John R. Gillingham's swingeing study explains why the European Union is so profoundly …

Проанализирована парадигма современной трехзвенной модели развития ЭВС с
опорой на новую роль политики ЕЦБ в стимулировании экономического роста и …

European banking union and Capital markets union have emerged as two of the key pillars
of European integration since the post-2008 financial crisis. Neither were anticipated prior to …

THE ISSUE The United Kingdom's exit from the European Union creates an opportunity for
the remaining EU27 to accelerate the development of its financial markets and to increase …

We examine the influence of countries' lending infrastructure on credit rationing for
European SMEs (small and medium sized enterprises). This lending infrastructure …

The global financial crisis proved that banks are not the sole source of systemic risk to the
financial system and the wider economy. Indeed, systemic risk emanating from non-bank …