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Book synopsis

The incomplete European market for financial services, the obstacles to its integration and the potential benefits from more integration are subject of this book which is largely focussing on retail markets. The analysis can be regarded as a modernised follow-up to the financial market part of the famous 1988 Cecchini Report "The cost of non Europe". Even in the Euro age, retail financial markets in the EU are heavily fragmented and the consumers pay a large price for this fragmentation. Thisalso weakens the growth perspective of EU and its international role. Explanations originate both from natural and policy-induced factors. Priorities for future policies are the dismantling of tax discriminations and further harmonisation in consumer protection and financial supervision.

Book details

Book category Books in English Society & social sciences Politics & government International relations

• Full title: Incomplete European Market for Financial Services
• Author: Paolo Cecchini, Friedrich Heinemann, Mathias Jopp
• Language: English
• Binding: Paperback
• Number of pages: 255
• EAN: 9783790800135
• ISBN: 3790800139
• ID: 01737571
• Publisher: Springer-Verlag Berlin and Heidelberg GmbH & Co. KG
• Weight: 860 g
• Dimensions: 235 × 155 × 15 mm
• Date of publishing: 03. February 2003

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