Chapter

The Political Economy of European Union Financial Integration: The Battle of the Systems

Jonathan Story

in After the Euro

Published in print March 2000 | ISBN: 9780198296393
Published online November 2003 | e-ISBN: 9780191599002 | DOI: http://dx.doi.org/10.1093/0198296398.003.0003
 The Political Economy of European Union Financial Integration: The Battle of the Systems

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European financial integration imposes a major challenge to insider financial systems of the French and German kind. European monetary union will favour more open systems of the Anglo‐American type, which will win the battle of the systems.

Keywords: Anglo‐American model; euro; European financial integration; European monetary union; financial systems; France; Germany

Chapter.  9053 words. 

Subjects: European Union

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