Conclusions

John Lorié

Chapter 8 in Taxes and Exchange Rates in the EU, 2006, pp 429-452 from Palgrave Macmillan

Abstract: Abstract The objective of this study is to provide a complement to earlier landmark studies of international liberalisation of financial capital in the EU by Ruding (1969) and Bakker (1996), which primarily dealt with, respectively, ways to achieve international liberalisation of financial capital and the process of actual liberalisation. These studies hardly deal with welfare issues: Ruding (1969) states that it is not possible to reduce the pros and cons of international liberalisation to a common denominator, while Bakker (1996) touches on them only superficially. International tax differences and real exchange rate changes in the EU, moreover, lack comprehensive treatment in both studies. Nevertheless, international financial capital flows were liberalised in the EU as of 1 July 1990, primarily a political decision, as it seems in this context.

Keywords: Physical Capital; Financial Asset; Share Price; Bond Price; Exchange Rate Change (search for similar items in EconPapers)
Date: 2006
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-62570-9_8

Ordering information: This item can be ordered from
http://www.palgrave.com/9780230625709

DOI: 10.1057/9780230625709_8

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().