Europe in the Global Financial Market

Alfred Steinherr

Chapter 7 in Europe and Globalization, 2002, pp 143-161 from Palgrave Macmillan

Abstract: Abstract London surely was the global financial market until the First World War. To a modern observer today’s role of Europe in the global financial market is much more modest but, as this chapter argues, more significant than what meets the naked eye. To a considerable extent this role is still due to the special place of London in the financial world. This is the point of Section II.

Keywords: Monetary Policy; Government Bond; Bond Market; European Monetary Union; Bond Issue (search for similar items in EconPapers)
Date: 2002
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-4039-3767-4_8

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DOI: 10.1057/9781403937674_8

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