Langbeschreibung
This book looks at the implications of financial liberalization for three southern European countries - Greece, Portugal and Spain. These countries have been carrying out their own financial liberalization and have also to respond to pressures for financial liberalization emanating from EC-wide measures. This book examines the relationship between domestic and international financial liberalization. In particular, it considers the implications for the real economy, for the stability and structure of the financial system and for macroeconomic policy in these countries.
Inhaltsverzeichnis
Acknowledgements - Notes on Contributors - Economic Theory and the Limits to Financial Liberalization: Domestic Financial Liberalization in Greece, Portugal and Spain; H.D.Gibson & E.Tsakalotos - The Removal of Capital Controls, 1992 and the Financial Sector; H.D.Gibson & E.Tsakalotos - Macroeconomic Policy and Capital Controls; H.D.Gibson & E.Tsakalotos - Greece on the Road to Economic and Monetary Union: Problems and Prospects; Y.A.Stournaras - Portugal and the European Monetary System; N.J.D.Cassola e Barata - Abolishing Capital Controls in Spain: a Challenge for the Nineties; P.Bacchetta - Appendix: Temporary Controls on Short-term Capital Inflows in the late 1980s - Bibliography - Index