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...

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Detalles Bibliográficos
Autor Principal: Bhatia, Ashok
Outros autores: Aiyar, Shekhar, Mitra, Srobona, Weber, Anke
Formato: Revista
Idioma:English
Publicado: Washington, D.C. : International Monetary Fund, 2019.
Series:Staff Discussion Notes; Staff Discussion Notes ; No. 2019/007
Acceso en liña:Full text available on IMF