A Capital Market Union for Europe /

This note weighs the merits of a capital market union (CMU) for Europe, identifies major obstacles in its path, and recommends a set of carefully targeted policy actions. European capital markets are relatively small, resulting in strong bank-dependence, and are split sharply along national lines. R...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Bhatia, Ashok
Weitere Verfasser: Aiyar, Shekhar, Mitra, Srobona, Weber, Anke
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2019.
Schriftenreihe:Staff Discussion Notes; Staff Discussion Notes ; No. 2019/007
Online Zugang:Full text available on IMF