Banking, Financial Market Dynamics and Growth in the EU Single Market

Michael Heise
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Michael Heise: Allianz Group

Chapter G in 50 Years of EU Economic Dynamics, 2007, pp 123-128 from Springer

Abstract: Abstract Financial markets play a vital role for the economy as a whole. They lead capital to its most efficient investment. And, of course, the financial services industry is a large sector of the economy in itself : net output and employment are high.

Keywords: Financial Market; EUROPEAN Central Bank; Monetary Union; Retail Market; Financial Integration (search for similar items in EconPapers)
Date: 2007
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DOI: 10.1007/978-3-540-74055-1_8

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