Policy Recommendations

Werner G. Seifert, Ann-Kristin Achleitner, Frank Mattern, Clara C. Streit and Hans-Joachim Voth

Chapter 5 in European Capital Markets, 2000, pp 108-133 from Palgrave Macmillan

Abstract: Abstract The competitive dynamics discussed in this book show that continental countries would benefit if they tried first to develop their own domestic markets and do what is possible to serve them well, which for many products means to serve them from a local base. Aiming for major competitor status with a significant market share in the most competitive and globalized product areas may not be feasible or, indeed, sensible. Second, continental countries might concentrate also on products that are still in their infancy, and for which their financial sectors should have a healthy appetite (such as credit derivatives, or junk bonds). A number of initiatives suggest themselves that may simultaneously strengthen domestic wholesale markets and facilitate growth and wealth creation in the economy at large.

Keywords: Total Factor Productivity; Institutional Investor; Pension Fund; Capital Gain; Corporate Bond (search for similar items in EconPapers)
Date: 2000
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:978-0-230-28706-8_5

Ordering information: This item can be ordered from
http://www.palgrave.com/9780230287068

DOI: 10.1057/9780230287068_5

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 ().