The Euro: A Challenge and Opportunity for Financial Markets (Routledge International Studies in Money and Banking) - Hardcover

'In this book each euro-analyst can find interesting background information, useful analysis and clear forecasts for the single European currency ... the volume may become a benchmark within the huge number of euro-linked publications.' - Forum Financier / Revue Bancaire et Financieere

In this book, leading financial professionals and academics examine the prospects for the European single currency, widely seen as heralding a 'quantum leap' for European financial markets. The impact of the Euro, and its implications for European market integration, are examined in terms of three core factors: risks and opportunities for financial intermediaries challenges for monetary and supervisory authorities issues for portfolio management and corporate finance The discussion embraces key topics, such as the Maastricht Treaty design for the European Bank, and its possible loopholes, and the assumption that the European capital market will emerge to challenge the US in scale and liquidity. John Arrowsmith, Ray Barrel, Christopher Taylor, National Institute of Economic and Social Research Michael Artis, European University Institute Andrea Beltratti, University Luigi