Financial Market Integration and Growth

1. Front Matter

   Pages i-xxvi

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2. The Role of Banks in Financial Integration: Some New Theory and Evidence from New EU Members

   • Cillian Ryan, Nicholas Horsewood

   Pages 1-25

3. Interdependence Between Foreign Exchange Markets and Stock Markets in Selected European Countries

   • Mevlud Islami

   Pages 27-48

4. The Transatlantic Banking Crisis: Lessons, EU Reforms and G20 Issues

   • Paul J. J. Welfens

   Pages 49-126

5. Financial System and Innovations: Determinants of Early Stage Venture Capital in Europe

   • Christian Schröder

   Pages 127-158

6. Evolving Corporate Financing Patterns in Europe: Is There Convergence?

   • Andy Mullineux, Victor Murinde, Rudra Sensarma

   Pages 159-175

7. The Financial System in Spain and Portugal: Institutions and Structure of the Market

   • Antonia Calvo Hornero, Ignacio Garrido Sánchez

   Pages 177-280

8. Corporate Governance and the ‘Hybridisation’ of Financial Sectors

   • Andy Mullineux

   Pages 281-292

9. Different Modes of Foreign Direct Investment in Ireland: A Theoretical Analysis

   • Mareike Koeller

   Pages 293-310

10. Aspects of Market Integration in a Transition Economy

    • Julius Horvath, Katarina Lukacsy

    Pages 311-337

11. Trade and FDI Related Effects of the Monetary Union and Structural Adjustment in the Central European New Member States of the EU

    • Kalman Dezseri

    Pages 339-387

Financial capital, whether mediated through the financial market or Foreign Direct Investment has been a key factor in European economic growth. This book examines the interaction between European and global financial integration and analyses the dynamics of the monetary sector and the real economy in Europe. The key analytical focus is on the theoretical and empirical dynamics of financial markets in Europe, however, it also provides regional case studies of key institutional developments and lessons from foreign direct investment. There is a broad range of findings for Central, Eastern and Western Europe as well as EU Partner Countries. Crucially the analysis includes new approaches and options for solving the transatlantic banking crisis and suggests policy innovations for a world with unstable financial markets.

• Economic Growth
• European Integration
• Financial Market Integration
• Financial Markets
• Globalization

• Europäisches Institut für Internationale, Wirtschaftsbeziehungen (EIIW) e.V., Bergische Universität Wuppertal, Wuppertal, Germany

  Paul J.J. Welfens

• Dept. Economics, University of Birmingham, Birmingham, United Kingdom

  Cillian Ryan

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