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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Bibliografische gegevens
Hoofdauteur: Bhatia, Ashok
Andere auteurs: Aiyar, Shekhar, Mitra, Srobona, Weber, Anke
Formaat: Tijdschrift
Taal:English
Gepubliceerd in: Washington, D.C. : International Monetary Fund, 2019.
Reeks:Staff Discussion Notes; Staff Discussion Notes ; No. 2019/007
Online toegang:Full text available on IMF